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Economics

Monty Pelerin’s Economics

Happy Days in Markets

Happy Days are Here Again! Democrat over performance in the elections (to what degree, still unknown) was surprising enough to bring back their song regarding happy days. Markets seemed especially ebullient in terms of the week they had. As expressed… 

Especially Exciting Week in Markets

The week ended November 4 was especially exciting. Chairman Powell announced another 0.75 basis point increase last Wednesday, expected by markets. Interestingly, markets appeared to ignore his announcement with an initially powerful move upward. Powell’s post presser drove them down… 

Surprising Strength in Stocks

Four assets are tracked weekly on this site. Surprising strength in stocks occurred last week (and for the month of October). Talking heads will provide ample reasons why this happened (in their opinion). Some may even have some validity. Despite…