Markets were rather volatile last week. That's a wild understatement and what passes for sarcasm in the investment business. Stocks started the week waiting...
I ran across Carolyn Sissoko’s working paper “Financial dominance: why the ‘market maker of last resort’ is a bad idea and what to do about it”...
Americans Are Getting Poorer: Price Inflation Grew Faster Than Wages Again In September Authored by Ryan McMaken via The Mises Institute, The...
As the economic slowdown deepens, the Fed’s challenges grow larger. It increases the risk of policy mistakes that could benefit gold...
The federal government’s Bureau of Labor Statistics released new price inflation data today, and according to the report, September was yet another...
Yesterday, I flew back home from Europe. On the flight, I read Brad DeLong’s Slouching Toward Utopia, a narrative of the political economy of the period...
“The impact on the broader economy and financial markets of the problem in the subprime markets seems likely to be contained.” — Fed Chair Ben Bernanke...
According to the establishment survey of employment, released last week by the Bureau of Labor Statistics, total employment increased, month-over-month...
Headline news can often be misleading.The current drumbeat of news goes like this: the US economy is probably in recession, inflation and interest rates...
In July, I warned investors to stay away from large-cap stocks. “Bearish analysts at Morgan Stanley are probably right that mega-cap tech firms still...