“Anyone familiar with horses knows how expensive and high maintenance they are,” says Albert Lu, managing director of WB Advisors, a registered financial adviser and precious metals dealer in Houston, Texas. Read more
“Essentially, as soon as the government stops the expansion, you are going to hit one of these deflationary corrections with all of the nasty business cycles that accompany it,” Lu said. Read more
Albert Lu, the managing director and chief portfolio manager of WB Advisors, said “the present low-interest rate environment is a result of central bank policy, not natural economic conditions.” Read more
“Oil is an input cost to almost everything. There’s no way any country can escape,” managing director of WB Wealth Management Albert Lu said in a phone interview. Read more
Some experts think the U.S. economy will recover if left to its own devices, however, without targeted tax cuts or other governmental maneuvers. “Natural market forces will reverse the slump if allowed to proceed uninhibited,” Lu told TheDC. Read more