Both Ted Bauman, editor of the Bauman Letter and Jeff Yastine, editor of Total Wealth Insider provide insight on a variety of economic issues. Concerns that arose in 2018 include how American antitrust laws affect corporations and how Federal Reserve interest rates affect personal debt.
Ted Bauman became a part of the Banyan Hill Publishing group in 2013. Besides his own letter, he also serves as an editor of the Plan B Club and the Alpha Stock Alert. He also has experience within the non-profit sector as a South African low-cost housing fund manager, and he helped found Slum Dwellers Internationals that now assists people in at least 35 countries. Visit the website jeffyastineguru.com to learn more.
Jeff Yastine first joined Banyan Hill Publishing in 2015. In addition to editing Total Wealth Insider, he also contributes weekly to Sovereign Investor Daily and Winning Investor Daily. His information comes from decades of learning from financiers including Sir Richard Branson, Warren Buffet and Michael Dell. Yastine has more than two decades of experience as a financial journalist and stock market investor.
One issue that arose in May 2018 concerned that of whether Amazon was playing fair in the business world. Regarding this, Jeff Yastine stated that five more “decent-sized retailers” including Claire’s and Bon-Ton Stores went bankrupt after 26 major retailers already closed their doors in 2017. Visit Bloomberg.com to know more about Jeff Yastine.
The recent corporate bankruptcies is part of what lead to reminders of why American antitrust laws exist. Yastine as well as Bill Simon, former Walmart CEO, are two people that explain the purpose of these laws. One primary goal of the antitrust laws is to prevent companies from using unethical business practices to gain an unfair advantage against the competition.
Many companies including Xerox, IBM and Microsoft all had to sell off parts of their corporations to avoid from becoming “too big” according to the U.S. Government. Yastine says that Amazon could be one of the next. Bauman says that Amazon is not a Monopoly but did warn shareholders when company stocks started to plummet.
Concerning the rumor of a possible Federal Reserve interest hike, Yastine says that it will cause American debt to continue growing. He also says that although stock prices are rising, this is not likely to last, and that American debt is more burdensome that it was ten years ago. Bauman says that the Federal Reserve will increase U.S. Treasury interest rates several times over the next few Congress sessions.
In spite of economic reports, both Ted Bauman and Jeff Yastine continue to guide investors. The primary goal is to help people find the right marketing niche. Right now, these financiers recommend cyber security.