De Groote Financial Group June 22, 2021

Week Ending June 18th, 2021 Inflation is transitory… And Modern Monetary Theory (MMT) will save Zimbabwe. What does it mean – All the printing in the world will not save Zimbabwe or any other country with its own currency. I have a $Trillion dollar note from Zimbabwe that is not worth the paper it is […]

De Groote Financial Group June 1, 2021

Week Ending May 28th, 2021 If you build it, they will come… I always loved that line from Field of Dreams. I can see it now, Uncle Sam siting in the “Thinking Man Pose”, saying to himself, “If we open up, they can get a job.” What does it mean – Private sector payrolls increased […]

De Groote Financial Group June 1, 2021

Week Ending May 21st, 2021 Russian hackers score big… Hackers made out with $5 million in Bitcoin from Colonial Pipeline. What does it mean – Expect more ransoms as cost of electricity is no longer viable for poor countries or miners to mine for Bitcoin or other crypto currencies. That is a joke. But truth […]

De Groote Financial Group June 1, 2021

Week Ending May 14th, 2021 Inflation got you down?… Do not worry. The Federal Reserve has a plan or, in Fed speak the tools to help fix it. What does it mean – The Fed has three main tools in its box. 1. The Hammer – interest rate increases. 2. The Wrench – tapering asset […]

De Groote Financial Group May 11, 2021

Week Ending May 7th, 2021 The Emperor has no clothes… Spend until it hurts. The Fed and current administration seem to be out of touch. What does it mean – Either the administration does not believe in their fiscal policies (tax and spending policy) or they do not understand what is going on. Here is […]

De Groote Financial Group May 6, 2021

Week Ending April 30th, 2021 If you open, they will come… States that are yanking off the proverbial band aid “or should I say mask” are thriving and this is translating to a massive recovery despite Big Government’s threats and scare tactics of another outbreak. What does it mean – GDP growth, job growth, consumer […]

De Groote Financial Group February 3, 2021

What Happened Last Week and What It Means to You: January 22, 2021

Inauguration… Initial unemployment claims… Consumer confidence increases… Fed is full speed ahead… Wow, don’t read anything into this…

De Groote Financial Group February 3, 2021

What Happened Last Week and What It Means to You: December 11, 2020

Stimulus failure… Initial jobless claims hit 853,000… Q3 productivity… University of Michigan Consumer Sentiment… New home sales decreased in November… On a personal note…