Category: US
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…
America’s ‘Franz Ferdinand’ Moment
Whatever good was done by the Trump/Xi trade war truce in Buenos Aires was likely undone by what was done in Vancouver Airport earlier this month.
Dow 10,000
Trump will do whatever he can to keep prices rising on Wall Street — by talking up the economy with his usual mixture of real bravura and counterfeit facts.
How the Feds Wasted $5 Trillion
Polls show Americans hold the military in the highest esteem. But for all the money and status, are Americans safer? And against what enemy?
Should You Worry About Global Warming?
Donald J Trump says he doesn’t believe in global warming. The scientists may have charts and graphs, but the president just doesn’t care.
This Rare Recession Indicator is Flashing Amber
If you are not familiar with bonds, they are basically a loan agreement. Usually the longer the term of the debt, the higher the yield since the risk is higher. Yet sometimes, this curve inverts.
Imagine a French Hillary Clinton…
France’s best and brightest were committed to making the country a paragon of environmental correctness — no matter what the cost.