US is Past Its Prime
A remarkably thorough look and explanation as to why the US is past its prime as an economic power is available below. Be forewarned, the…
Inflation
Madness of Markets
The madness of markets reached new levels yesterday. The release of “favorable” inflation numbers sparked a sharp price rise across the board pre-market. Yields dropped…
Changing Conditions
Recent market action has been confusing. It is likely to become increasingly so. While this post summarizes recent performance, it reflects on changing conditions that…
The Impact of Keynesian Economics
Keynesian Economics has ruined the world economy. More properly, political abuse of Keynesian Economics has ruined the world economy. Had Keynes lived longer, would he…
Expectations for Runaway Inflation
An anomaly occurred last week in markets. Bond and stock performance diverged rather dramatically. This divergence is strange market performance, often seen when investors perceive…
Nobel Laureate in Economics
Ben Bernanke was just awarded the Nobel Laureate in Economics. No one who ever held the position of Chairman of the Federal Reserve should even…