Recent Posts
- Economics
Poor Policy Is Keeping the Poor, Poor
Sep 18, 2020Read MoreThe current recession has further highlighted, and exacerbated, the wealth gap in the United States. Many people in the top 1%, 5% or 10% of the US income and…
- Economics
Checking in on the Housing Market
Aug 19, 2020Read MoreThis morning we received some data that support the narrative of a rapidly recovering housing market. Housing starts and building permits surged 22.6% and 18.8…
- Economics
The Sagging Dollar
Aug 7, 2020Read MoreI've received a few questions about the recent drop in the dollar. Currencies can be a complicated subject, but I'll try to make the topic a little easier in …
- Economics
Just How Bad Is It?
Jul 31, 2020Read MoreWe finally received the first estimate of second-quarter GDP this week, along with a bunch of other data. Though the figure wasn't quite as bad as the consens…
- Economics
Cognitive Dissonance
Jul 24, 2020Read MoreThe S&P 500 continues to grind higher, and it is now just 3.5% away from the all-time high posted in February. As is usually the case with bull markets, go…
- Economics
Which Is the Boogeyman, Inflation or Deflation?
Jun 11, 2020Read MoreThe moderate inflation we were experiencing prior to the COVID-19 outbreak has fallen off a cliff. Yesterday we received word that the Consumer Price Index (C…
- Economics
The Paradox of Thrift
Jun 4, 2020Read MoreWe received some fairly stunning data out of the Bureau of Economic Analysis (BEA) last Friday. The government agency reported that Personal Income rose at a …
- Economics
China Tensions Could Kill This Bullish Recovery
May 28, 2020Read MoreThe world's second-largest economy suspended guidance on its gross domestic product for the first time in 25 years, citing pressures from the coronavirus and t…
- Economics
New Economy, New Market, New Playbook
Apr 23, 2020Read MoreLess than two months into social distancing, working from home and an induced economic coma, pundits and prognosticators, both the political and the reasonable…
