Economy
Economic Pessimism In America
As I've noted before and as many people have observed, this economic recovery is far, far from normal. Many aspects of the economy have not ……Read More
Business
Economy
The Shortest Housing Boom
Just about everyone has heard of the Case-Shiller Home Price Indices, a leading series of monthly calculations of the changes in the value of homes in ……Read More
Markets
This Year Solar Is Tops, Precious Metals the Dogs
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
Markets
What Was Behind the Stock Market’s Massive Breakout?
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
Markets
The Four Big Risks Massive Money Has Brought to the U.S. Economy
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
Economy
Cuts to Infrastructure Spending A Poor Choice
While common sense, something that seems to be lacking in Washington, would tell us that governments must make some changes to get the revenue side ……Read More