1.

The Treasury defended the IRS rule requiring banks to report all transactions over $600. So, they want to do away with all of our small banks. What’s the goal here? It looks like more centralized control going on here. Cash will soon be a casualty. Say hello to a digital currency.

2.

Once the U.S. goes digital, where does Bitcoin fit? It doesn’t. Bitcoin long-term is a dead man walking. Nothing more than a distraction. It’s almost like our Government wants to keep us distracted. I wonder what’s their objective?

3.

I read last week that the car chip shortage will extend for years. Are these bottlenecks deflationary or inflationary? Get ready for more slowing, and it smells to me like stagflation. The markets could hit a wall as a result.

4.

When real interest rates are -5%, do you allocate 100% towards equities? What about for clients post 60? It might be time to start getting frightened…