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“Government cannot be looked to for solving social and economic problems. It is business that solves problems and creates wealth.” — Peter F. Drucker The late Peter Drucker, the world’s #1 management guru, often said that government is the problem, not the solution. He wrote, “Indeed, government is sick — and just at a time […]
FreedomFest Update: Keynote Speaker Larry Elder to Run for Governor Larry Elder (left) will speak at FreedomFest this year. Good news! Larry Elder, the long-time popular host of the “Larry Elder Show,” is expected to announce his decision to run for governor in the recall election for Governor Newsom in California. He will take time […]
Last week, the federal government released a new report on inflation — it’s coming back with a vengeance. Currently, prices are rising at an alarmingly rate of over 8%. It’s not going away any time soon with the government deficits and printing of money kicking into high gear. How best to protect yourself from inflation? […]
The federal government (Bureau of Economic Analysis or BEA) confirmed today, June 24, that the economy is working on all four cylinders. First-quarter 2021 adjusted real gross output (GO) — which measures spending at all stages of production — rose an astonishing 11.5%, hitting a record $48.6 trillion. That is almost double the 6.4% growth […]
“Don’t give me timing. Give me time.” — Jesse Livermore (“The Maxims of Wall Street,” p. 137, see www.skousenbooks.com) During our financial conference at FreedomFest next month (July 21-24), we are having several debates, such as Bitcoin vs. gold, and short-term trading vs. buy-and-hold. Technical trader Mike Turner will make the case for market timing in an effort […]
Forecasts & Strategies is Dr. Mark Skousen’s monthly advisory service. For 40+ years now, it’s shared his market perspective, unique insights, profitable recommendations and money-protecting strategies. You don’t last 40 days in this business, let alone 40 years, unless you’re good. Dr. Skousen’s so good, in fact, that just one of his recommended portfolio’s – The Flying Five (which takes 5 minutes a year to manage), has beaten the market handily for a decade. Click here now to learn more.
“This is the least responsible macroeconomic policy we’ve had in the last 40 years. The primary risk to the United States economy is overheating — and inflation… Policymakers need to accept economic reality. The moment has come to move past emergency policies.” — Larry Summers, Director, National Economic Council Larry Summers knows what he is talking […]
“The private corporation represents the ideal social institution, the only free non-revolutionary way for a new social order. America must take the lead in building the free industrial society.” — Peter Drucker For my lifetime, most Americans looked to the government to solve the problems of poverty, unemployment, racism and inequality through a variety of social, […]
Editor’s Note: Because of my bike injury, I can now write with only one hand for the next couple of months. To help out, my dear wife Jo Ann has graciously written today’s Skousen Cafe. My husband Mark and I were married in the spring of 1973 — Patriots Day, to be exact. An unpopular […]
Originally published May 28, 2020 “I’d rather win one big tournament in my entire life than make the cut every week.” — Arnold Palmer (p. 160, “Maxims of Wall Street”) I’ve played golf most of my life and have always enjoyed the sport once I stopped keeping score! I especially remember the invitation I received from […]
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