Markets

In a fascinating work on long-run economic cycles, J. Anthony Boeckh’s book The Great Reflation offers up some poignant research on the U.S. economy and its cycles. The Great ……Read More

As we approach the mid-point of the year, U.S. stocks continue to fare well with the annualized return of the Dow at 42% and the ……Read More

Something big happened at the beginning of the year—Wall Street gave up on Washington. I’ve been trying to figure out how this incredible stock marketaction started ……Read More

The bond market, dear reader, is becoming vulnerable. By keeping interest rates so low and by the Federal Reserve actually buying U.S. Treasuries, bond prices ……Read More

We all know that McDonalds Corporation (NYSE/MCD) is the reigning king of the fast food sector and one of the top performers over the past ……Read More

A recession for the global economy is becoming an increasingly likely scenario. The Chinese economy, the second-biggest in the world, witnessed a contraction in manufacturing in May. ……Read More