REGAL ASSETS

Weekly Market Update: Protect Your Retirement Account from U.S. Dollar Currency Debasement Last week, the U.S. Treasury revealed that it will not need to borrow so much money for the third quarter of 2019 as it had originally forecast. This had many people scratching their heads. The reason has nothing to do with the government reigning in its spending though. Reuters demystified the mystery in a cite from a Treasury official. His statement explained this as changes having to do with fiscal activity. The Treasury official put a positive spin on it with: “The fiscal change related to the Fed’s plans to stabilize its massive portfolio of bonds relative to the size of the U.S. economy.” The Treasury has reduced its estimate for borrowing because the Fed will end its program of balance sheet reduction. In layman’s terms, the Fed will stop selling off its Treasury’s holdings. Treasury released a statement claiming that it will only borrow $30 billion from April to June. This compa...

Weekly Market Update: Protect Your Retirement Portfolio from Great Recession Peak Auto Loan Delinquencies The most recent data out of the New York Fed is ominous. The current auto loans that are in serious delinquency (meaning that they are over 90 days past due) has jumped to a percentage of 4.69 percent for first quarter 2019 . In the darkest days of the Great Recession, they only peaked a bit higher at 5.27 percent . These car loan delinquencies have now stretched up to their greatest amount dating back to 2011 and are nearing those scary Great Recession peaks. In actual dollars, the debt of delinquent auto accounts is already massively higher than witnessed in the Global Financial Crisis, as the chart below reveals: Current delinquent car loans are around $60 billion . They are now nearly twice as bad in dollar terms as during the Great Recession’s peak. This at the same time as the outstanding balances on car loans and leases increased by four percent for year over yea...

Weekly Market Update: Protect Your Retirement Account from Unsustainable, Rising Government Debt The most recent Treasury Report is out and it reveals disturbing news. The net worth of the United States is now officially reduced to minus $21.5 trillion . The country’s total national debt has catapulted up to pass $22 trillion . Every month, President Trump’s administration adds to the debt pile with multiple billion dollar deficits. This graph depicts the shocking rise in national debt: The real question is: Can the government indefinitely sustain this debt fiasco? Economist and analyst Wolf Richter argues that the United States is in a select club of financially troubled nations. The U.S. shares the deteriorating financial position of countries including Italy, Greece, and Japan. It is true that Japan and the United States possess a single helpful advantage over Italy, Greece, and some other countries. The U.S. and Japan have full control over their own currencies. It allows thei...