Unsafe at any price
by“Everyone is bullish. Contrarians know that must be bearish. However, everyone has been bullish for a while, yet the S&P 500 rose to a…
Is the Keynesian multiplier a real thing?
byIt is accepted by most economists that initial increases in consumer or other outlays tend to set in motion a reinforcing process which supposedly…
Why deflation is unlikely
byFinancial markets are becoming aware that the US economy is stalling, so investors increasingly take the view that with demand likely to stagnate or…
Think Different About Purchasing Power
byThe dollar is always losing value. To measure the decline, people turn to the Consumer Price Index (CPI), or various alternative measures such as…
Monday Morning Macro
by[This piece first appeared here: http://truesinews.com/2015/04/27/monday-morning-macro/] Though the punditocracy has become much more aware of the sheer scale of China’s equity bubble in recent weeks,…
Greece in or out – Investment Opportunities?
byGreece needs to reschedule its debt or default Capital Controls maybe inevitable A piecemeal solution is not the answer, yet it’s more likely than…
The Myth Of Global Gluts And The Reality Of Market Change
by[This piece first appeared here http://www.epictimes.com/richardebeling/2015/04/the-myth-of-global-gluts-and-the-reality-of-market-change/] You may not have noticed it when out buying things in the marketplace in the context of your personal…
Gold, the SDR and BRICS
byLast Monday there was a meeting in Washington hosted by the Official Monetary and Financial Institutions Forum (OMFIF) to discuss the future relationship, if…
On billionaire altruist lunatics..
byFacts do not cease to exist because they are ignored. – Aldous Huxley. There was once a time, perhaps, when unprecedented things happened…
The over-valued dollar
byThere are two connected reasons usually cited for the current dollar strength: the US economy is performing better than all the others, leading towards…