Zero Hedge: Two Fed Presidents Warn Markets Getting “Frothy”, Valuations “May Come Down”
byIn what was the clearest sign to date that the Fed is targeting the stock market bubble with its rate hikes (recall two weeks…
March, 2017
For Keynesians and Austrians, “Uncertainty” Means Two Different Things
byBy G. P. Manish and Felicia Cowley Keynesian economics has witnessed a remarkable resurgence since the crisis of 2008. The inability of mainstream economics to predict or…
Should diversification be primary consideration in asset allocations?
byRecently one of the most successful Wall Street investors Warren Buffet urged investors to forget about active investment and simply put their money into…
Improving Student Loan Choice would benefit Higher Education and all involved
byA major set of stakeholders that are particularly nervous about Brexit include the British Higher Education establishment. On the one hand, universities are expecting…
How macro-economic data helps Government and Central Bank weaken wealth formation
byIt is common for commentators and economists in their discussions to continuously refer to something called the “economy” – which sometimes performs well and…
Why free trade is officially dead
byG20 Finance ministers meeting in Baden Baden last weekend agreed, on America’s insistence, to drop the long-standing commitment to free trade from the final…
Rules-based, automatically-adjusting trade policy for freer trade
byA major contemporary worry is that threats of tariffs, preservation of subsidies and licensing and standards restrictions for imports and exports will derail any…
Jeffrey P. Snider: Further Unanchoring Is Not Strictly About Inflation
byAccording to Alan Greenspan in a speech delivered at Stanford University in September 1997, monetary policy in the United States had been shed of…
Penny wise and pound foolish ?
by“Sir, “Most of the commentary in the UK press since the announcement of the “merger” of Standard Life with Aberdeen has focused on job…
The National Debt Limit Equals a Balanced Budget
byOnce again the United States government is rapidly approaching a fiscal debt ceiling: After March 16, 2017, Uncle Sam will not be legally allowed…