The Nobel Prize receives a great deal of press and attention. But is it really all that it’s cracked up to be? Here’s why this year’s winners are overrated.
Naturally, the foreigners are learning not to trust US suppliers…and are looking for essential inputs elsewhere. Win-lose again…with little chance that the US will be a winner.
The next recession is coming fast. And based on the early data I have, it looks like the Doom Index will hit ‘8’ in our official reading this quarter.
Today, the mob thinks it has been done dirty by the elite. But it is unaware of how the dirty was done, and so, its efforts — on both sides of the political divide —…
The more you travel, the more you want to travel light. And that means we need to dump the heavy claptrap out of our luggage. The more ground we cover…the more we discover we don’t…
Top macroeconomists are calling for a recession ‘before the end of 2020.’ What? We’ve already been waiting for years…
After a 38-year boom, the fundamentals have reversed. Day is night; night is day. From lower and lower interest rates, we see rising ones.
The private sector faces a recession. Wall Street sees a bear market coming. In Washington, tax receipts will fall…as costs continue to rise.
In America today, it is almost impossible — politically — to cut government spending or to raise taxes. That leaves debt as the only way forward.
Assets, markets, companies, and empires rise and fall. But now comes the most absurd myth of all — that the feds can ‘manage’ and ‘guide’ the economy,
A big, new danger appeared in Congress this month: Alexandria Ocasio-Cortez, the newest representative of New York’s 14th district.
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.
The Fed’s big mistake following the 2008 crisis was holding interest rates down too low for too long. This discouraged saving and made debt more attractive.
We want to live in a world without limits. That’s why we’ve raked up enormous debt and escalating deficits. What are the consequences of this?