Jeffrey P. Snider: Economic Hope As Inventory
byInventories in the fourth quarter rebounded rather sharply, at least in terms of how inventory is calculated as a contribution to GDP. The GDP…
Markets
Global trade update
byThe easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Europe The easy pattern of prolonged trade negotiations has been…
Doug Casey: Comparing the 1930s and Today
byYou’ve heard the axiom “History repeats itself.” It does, but never in exactly the same way. To apply the lessons of the past, we…
Generation Snowflake clobbered, again
by“Paul Krugman Says Markets Will ‘Never’ Recover From Trump; Dow Hits Record High” – Headline from The Daily Caller. “Experts who can guide…
Economic Ideas: Mercantilism as Monarchy’s Planned Economy
byThe Feudal System had resulted in the disintegration of the unity that much of Western, Southern, and Eastern Europe had known under the Roman…
Turn those machines back off !
by“Isn’t it funny when you walk into an investment firm and you see all of the financial advisers watching CNBC. That gives me the…
Don’t mention the V.A.R!
by“Arriving late, Porter slips in the last row behind Danny. PORTER (whispers) Bear Stearns issued a press release denying rumours of liquidity…
The Road to Fascism in Just Two Charts
byLaws of politics have been turned upside down. The Intellectuals Yet Idiots can make no sense of it. The underdog who ‘tell it how…
Investment sanity, shot through the heart
by“Protip: When someone uses the term ‘hoarding’ instead of ‘saving’, it means deep down they believe that others are more entitled to your money…
Drowning in debt
byCentral Banks are moving from quantitative to qualitative easing The spread between Investment Grade and Government bond yields is narrowing Issuing corporate debt rather…