Market Perspective

2017 – A Year of Turbulence But “The Good Times Are Coming!” – Week 4

Posted by on Feb 22, 2017 in Ned Massie, Perspective | 0 comments

Tax Reform – Corporate and Personal No country in the economic history of the world has ever created a wealthier society by raising taxes. When you increase tax on something, you get less of it. The last eight years should be a vivid illustration of that one principal. Taxes on corporations are actually an indirect cost on individuals because corporations have to raise prices higher for their goods and services in order to be able to afford the tax. Taxes on individuals take money out of their pockets they could use buying goods and services. For eight years, we have had constantly increasing taxes, which have consistently taken money out of the consumer’s pocket, and therefore kept us in a perpetual recession. The so-called economic recovery over the last eight years is a farce. Cutting taxes corporately and personally will lead to a rebirth of the American...

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2017 – A Year of Turbulence But “The Good Times Are Coming” – Week 3

Posted by on Feb 15, 2017 in Ned Massie, Perspective | 0 comments

Obamacare Has Socialistic & Unworkable Forces Buried Within It: Viewed economically, Obamacare contains 22 different taxes and penalizes corporations that offer full time employment. As a result of those penalties, Generation Y (19 to 36 years old) have not been able to find full-time employment. A Gen Y may be working two or more part-time jobs, earning an income consistent with a full-time job, but if they can’t check the box on a loan application saying they have a full-time job, they cannot get a loan for a house. This one miserable aspect of Obamacare has prevented the largest generation of Americans ever from being able to buy housing. Hold on. Better times are...

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2017 – A Year of Turbulence But “The Good Times Are Coming” – Week 2

Posted by on Feb 9, 2017 in Ned Massie, Perspective, sample-Uncategorized | 0 comments

Keys to Understanding 2017-2000: Our suggestion is that you focus in on three items in order to understand 2017-2020: Obamacare – Is it replaced with a market driven and structured to succeed health insurance program that does not penalize full-time employment? Tax Reform – Is there a reduction of corporate and personal tax rates? These two items, if passed, will set the stage for the Trump Presidency to be the best since Ronald Reagan. Economic Flash Points – After eight years of “following from behind”, a phrase that sounds good but means “I do not know what to do”, the world and its economies are in chaos. The four most significant flash points that you need to monitor are: China, Venezuela, Turkey, and the Euro. The impact on the American economy from the first two items by themselves will be obvious one year after the laws are signed by President Trump. The race has begun as to whether Trump can get America’s economy growing strongly before any of the flash points explode. The winner of that race will determine the world economy for a...

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2017 – A Year of Turbulence But “The Good Times Are Coming” – Week 1

Posted by on Feb 2, 2017 in Ned Massie, Perspective | 0 comments

Introduction The Democrats are irrationally mad at everyone but themselves for their failure in November of 2016. The pundits and pollsters all felt that Hillary Clinton had it in the bag. The news media staked their credibility on it. All of them lost. Huge. Forgotten in their irrational anger is the fact that when Obama became President in 2009, the Democrats had control of both houses of Congress. Since that date, the Democrats have lost most of the legislatures in the country, hold a very nominal number of governorships, have lost both the U.S. House and the U.S. Senate, and now have lost the Presidency. But the Democrats are mad at everybody but themselves. My point is this, irrationally angry people do irrational things. And 2017 is going to be a continued experience in irrational behavior by the Democrats and the media. This will make governing difficult. Bottom line, it will impact our economy, and you need to factor those impacts into your investment decisions. We hope we can give you some guidance and help you with that....

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Is This A New Game? Week 8

Posted by on Jan 26, 2017 in Ned Massie, Perspective | 0 comments

Interest Rates One should never fight The Fed. However, the Fed, under the Obama administration had been the only force trying to encourage economic growth. They could only affect the economy with abnormally low interest rates and Quantitative Easing (QE). The Fed made a mistake in 2011 by not raising interest rates at that point but instead doing QE and perpetuating misery. Economic growth will bring rising interest rates. Hopefully, interest rates will get back to historic norms so that capitalism can function fully. However, increased interest rates will expose the bubbles in the bond market, the stock market, and the real estate market. Any asset that is dependent upon interest rates as a lever regarding value will be effected. The safest investments will be land, either crop land or timber land. There are different forces that impact those values and those assets will be seen as safe havens. In these uncertain times, it is critical to remember that land is the source of all wealth. Every product that we humans consume originates with land. Not all tracts of land are equal in quality and portfolio management requires every investor to hold some cash for liquidity. But historically, long term the best investment is land. Are you...

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Is This A New Game? Week 7

Posted by on Jan 19, 2017 in Ned Massie, Perspective | 0 comments

Trade War: A Red Herring No one seriously expects the existing trade pacts to be completely eliminated because the world is simply too interconnected today. The highest probability is that Trump has laid out his position as a part of a negotiating strategy. However, the U.S. has been too willing to shoulder an unfair burden per the existing trade pacts. Perhaps under Trump that period is over. I look for trade to actually become fairer than it has been. I expect the result will be additional jobs and economic growth here in the United States. When the U.S. is growing, then the world economy grows as well because of the ripple effects. There is nothing to be feared from revisiting unfair trade policies and replacing them with fairer trade policies. In these uncertain times, it is critical to remember that land is the source of all wealth. Every product that we humans consume originates with land. Not all tracts of land are equal in quality and portfolio management requires every investor to hold some cash for liquidity. But historically, long term the best investment is land. Are you...

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