Markets
Oil Prices Ravaged By Financial Turmoil
Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market. The steady decline of the ……Read More
Business
Economy
Washington and its Chronic Overspending Problem
With Congress perpetually dealing with an extension to the debt ceiling, I realized that I had not updated my posting on the debt accrued by ……Read More
Markets
The Federal Reserve, the Free Lunch and the Tax Cuts and Jobs Act of 2017
While every administration that changes the U.S. tax code likes to brag about the financial advantages to Main Street America and how the changes will ……Read More
Economy
The Multi-Trillion Dollar Vulnerability of America’s Banking Sector
While the global stock market, particularly the American stock market, seems to be on an endless upward trajectory, there is a little discussed aspect of ……Read More
Economy
The Collapse of the Social Security Ponzi Scheme
While Capitol Hill’s denizens frequently discuss how their budgetary changes are going to impact the taxes paid by Main Street and Corporate America, they rarely ……Read More
Economy
Technological Unemployment in America
An interesting and very thorough study by Daron Acemoglu and Pascual Restrepo at MIT and Boston University respectively looks at how industrial robots are taking ……Read More