Category: US
The Markets Are Heading Towards a Cliff…First to Jump is Chicken
This is a time to prepare. The market and the Fed may be playing a game of chicken. But they are also still heading for the edge of the cliff.
One Mistake Dooms Investors…
Both Trump and Powell will do all they can to save this market. Both are avoiding a bloodbath because the blood will splatter on their own white shirts.
This Could Be Worse Than 1929
The stock market may have resumed its selloff sooner than we expected.The Dow fell 660 points after Apple announced weak sales — mostly in China.
What We Learned From 2018…
After a week at the family farm, we had come back to the city for New Year’s Eve. But hardly had the new year begun when the echoes of the old year filled the streets and alleyways.
What Trump and Powell Do Next…
Well, we were wrong. We figured the Fed would pause now. Instead, it went ahead with its rate hike and suggested it would pause in 2019.
No Matter What the Fed Does, We All Lose
We were waiting for the big Fed announcement on a rate hike. But what happened? No trumpets. No bells. No heralds. None came.
The Fed Has the Shakes
Central banks have no economic magic. No financial panaceas. No money miracles. They can’t really make an economy run better.
Good News About the Coming Crash
The last leaves are falling from the trees. And the last days of December are counting down, like the quiet moments before an execution.
How the Country Goes Broke…
Come the next crisis, our problems will intensify. Tax revenues will plummet. Deficits will grow to $2 trillion a year in 2019 or 2020.
The Art of (Trade) War
I don’t think Trump is up late at night reading Sun Tzu’s play book. But he’s fairing pretty well at trade warfare.
What We Said to a Group of DC Elite
We have a bubble economy, not an economy on a solid footing of rising wages, productivity, sales, and profits. The boom we have enjoyed is largely fake.
More Fear Creeping into the Market
The Fed is looking at one more interest rate hike this year and three in 2019…or so they said. But investors aren’t buying it.
Trump’s Oval Office Showdown: Just More Showbiz
A fight with the Fed one week. A trade war with China the next. And now, it’s a war with the Democrats. Donald Trump knows how to keep the cameras rolling.
The Real Origin of Trump’s Fight with China
The concept of the ‘rugged individualist’ is mostly a myth. Man is a social animal. With no one to stand beside us, we might as well not stand at all.
Why Trump’s Tariffs Won’t Work
This whole trade war is pointless. The US is fighting a losing battle and China is fighting an unwinnable battle. Let me explain why…