Your Weekly Economy & Markets Digest

This Week in Economy & Markets Drowning in Student Loan Debt Rodney Johnson | Feb 20, 2020 The federal deficit reached just over $1 trillion last year, is expected to top $1.3 trillion this year, and will likely be at least $1 trillion every year for the rest of the decade. And that's if everything goes right. Throw in a recession or unforeseen circumstance (cough, coronavirus, cough), and things could get worse. Which makes me wonder... READ MORE » The Fate of Final Rallies Harry Dent | Feb 19, 2020 have been talking recently about how this final blow-off rally since the sharp 20%+ crash into late December 2018 is tracking very close to the one that occurred from late October 1998 into late March 2000. That correlation suggests that this rally could last into late May or so, at the height of the normal annual seasonal cycle that... READ MORE » Pay Your Taxes Rodney Johnson | Feb 18, 2020 I received a dreaded audit letter from the IRS in 2015, covering the 2013 tax year. I contacted my CPA, gathered my documents, and made the trek to their office at the appointed time. After 90 minutes, the auditor determined I underpaid on my 2013 taxes by $37. He was wrong, but any net change of $200 or less is... READ MORE » Fed Continues on High Side of Sideways in Stimulus Since End of 2019 Harry Dent | Feb 17, 2020 As I have been following, the big event in the past 4.5 months has been the Fed moving back to aggressive stimulus since the repo crisis. The printing of money to buy repos and T-bills reached a peak of $424 billion in late December and has moved sideways since and was at $418 billion last Thursday... READ MORE » Economy & Markets  |  Dent Research You are receiving this e-mail as a part of your free subscription to Economy & Markets E-Letter. Remove your email from this list: Unsubscribe. To cancel by mail or for any other subscription issues, write us at: Charles Street Research Attn: Member Services, 819 North Charles Street, Baltimore MD, 21201 | Phone: 888-211-2215 | Fax: 410-223-2682 LEGAL NOTICE: Protected by copyright laws of the United States and international treaties. This e-letter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the worldwide web), in whole or in part, is strictly prohibited without the express written permission of Charles Street Research. This work is based on SEC filings, current events, interviews, corporate press releases and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. The information herein is not intended to be personal legal or investment recommendations and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Click here to view our privacy policy.