12/18 FOMC Results: The Great Stagflation of 2025 has Begun

The majority of financial media is in need of two paddles and a shock to their chests as the “bull market forever” and end of […]

12/18 FOMC Preview: A Hawkish 1980 Rate Cut

Here we go again boys and girls. It’s that time where our monetary overlords step down from the mountaintops and bequeath upon us their rulings […]

Inflation? What Inflation? Shut up Knaves!

In one of Mel Brooks most definitive works, a scene where he is playing King Louis the XVI and the “piss boy” summarizes pretty much […]

Exiting the Eye of the Storm

For those long time residents of Florida who have endured hurricanes and readers of these pages, the headline for this brief piece is perfectly logical […]

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 […]

Inflation is Under Control, Unless You Eat, Drink, Need a Doctor, or Drive a Car

The unfortunate part of enjoying a self-enforced news blackout during a hurricane is that one misses the big picture economic news events which keeps us […]

Gold Does Not Move Higher Now Without Cause

The message that inflation has not been defeated and the world is in for more instability could not be any clearer than the signal that […]

Deflationerrory Thinking

By John Galt January 1, 2008 Sigh. There is a philosophical battle among the bears and doomers and it’s really quite frustrating as both parties […]

What the Fed Really Said Today

I could easily sum up the press conference and statement with a music video: Unfortunately for those who think the Federal Reserve actually has a […]

FOMC Preview: Go Big or Go Home

Today is another adventure in the world of Jay Powell. There are many who show great respect for the Federal Reserve and its Chairman, however […]

Is it Data, Methodology, or Just Propaganda

For those who are not part of the so called FinTwit (Financial Twitter/X), political, or economic blogosphere a very important debate is raging regarding not […]

The Song Remains the Same, Sort Of

If one has followed these pages for any duration more than one year, the reader would be wise to recall that this author has a […]

Beware of August 26, 2024

In the last 24 hours, the ceasefire talks with Hamas and Israel have broken down, hacking attacks are hitting websites and governments across the Middle […]