Economy
Interest Rate Reversals A Warning from History
There is no doubt that we live in “interesting times” when it comes to global interest rates. For most of us, the post-Great Recession period ……Read More
Business
Economy
Does Spending on War Increase Employment?
Donald Trump’s cryptic comment about “the calm before the storm” while in the presence of top-ranking military officials and his ongoing Twitter feed reminding North ……Read More
Markets
The Federal Reserve and Cryptocurrencies The Pot and the Kettle
A recent speech on innovation in the world’s payment systems by one of the Federal Reserve’s insiders, Randal Quarles, gives us an insider’s perspective on the current attention ……Read More
Economy
American Household Indebtedness and Forgetting the Lessons of the Recent Past
In the Federal Reserve’s latest version of its Household Debt and Credit Report for the third quarter of 2017, we can clearly see how the hard ……Read More
Markets
Meet The World’s Most Powerful Bitcoin Backers
Cryptocurrency may be one of the biggest threats to governments, security and the entire financial system that we’ve ever seen. It can help fund terrorism ……Read More
Markets
OPEC Will Extend The Cut
There will be an OPEC deal extension—no matter the public tussling between opposing forces in the industry cartel—if the world’s largest oil producers are really ……Read More