Zero Hedge: Yield Curve Shifts Offer Signals For Stockholders
Authored by Michael Lebowitz via RealInvestmentAdvice.com, The level of U.S. Treasury yields and the changing shape of the Treasury yield curve provide investors with…
John Kenneth Galbraith’s The Great Crash, 1929: A Retrospective
By Russ Lemley The New Deal has been a key driver behind how the Democratic Party justified its hold on political power in the…
Markets Quake as Monopolist Capital Pursues a Technological Coup
By Brendan Brown A serious omission is notable in the circulating list of suspects responsible for the early August quake in global risk-on markets….
The Fed is holding interest rates steady. This won’t last much longer.
By Ryan McMaken The Federal Reserve’s Federal Open Market Committee (FOMC) announced today that it will maintain the current target policy interest rate (the…
Central banks purchase gold to offset their own money destruction
By Daniel Lacalle Why is the price of gold rising if the global economy is not in recession and inflation is allegedly under control?…
How Rent-Seeking Wrecks the Soul of Enterprise
By Kimberlee Josephson Whenever financial assistance or opportunities for achieving favorable gains are present, rent-seeking often follows. Rent-seeking, as conveyed by Robert Tollison refers…
Is High Inflation Followed by Demands for Sound Money? Usually Not.
By Brendan Brown The severe losses for the center-right parties in the mid-summer French and British general elections, (i.e., Macron’s center-right coalition partners and…
The Coming US Budget Disaster Will Impoverish Americans
By Daniel Lacalle Deficit spending is not a growth tool. It is the recipe for stagnation. The latest Congressional Budget Office (CBO) budget and economic outlook…
Why is Bitcoin Valuable?
The surge of cryptocurrencies has garnished an array of opinions on the matter. While some people hold a positive outlook, others see cryptocurrency as…
Understanding the Montaigne Fallacy
By Mark Thornton With the world moving more and more in the direction of trade protectionism and war, it is worth remembering the origin…