There are points in economic cycles where the outcome of any economic decision made becomes a binary choice. Unfortunately for the American public, the upcoming […]
Tag: ARTHUR BURNS
Are the Markets Approaching a Penn Central Moment?
“It is evident that the country cannot continue to advance prices and wages, to curtail production, to expand credits, and to attempt to enrich itself […]
It’s Never a Crisis Until Yesterday
Today the bond market resumed its violent move with higher yields which shocked the world after President Donald Trump’s resounding victory. So why is this […]
The Election is Over, so What’s Next?
The resounding victory of President Donald Trump over Vice-President Kamala Harris has opened up the biggest economic question of the modern era: Now what? The […]
Today the FOMC Will Probably Make Things Worse
Way, way, way back in history, I penned an article and a warning: Powell and the Fed Screw up Again In that piece I stated […]
Powell and the Fed Screw up Again
As I said early Wednesday morning, this was way to easy to predict. Let us begin tonight’s journey with a quick review of the FOMC […]
Real Inflation as Reported via PCE was Far Worse than Reported
Another week passes, another rally in make believe land, and another inflation report being pumped by the Bubblevision mafia as “better than expected” as per […]