Sep 18

A New Fed Playbook for the New Normal

While many economists and market watchers have failed to notice, we have entered a new chapter in the short and…

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Sep 10

Doubling Down on Inflation

Friday's release of disappointing August payroll numbers should have been a jarring wake-up call warning Wall Street that the economy…

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Sep 4

Markets Climb as World Faces Crisis

On August 28th while the geographical area formerly known as Iraq descended further into chaos, President Obama announced to the…

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Sep 2

Despite Growing Risks it’s Still Janet Yellen’s Market

The current stock market is earning a deserved reputation as being coated in Teflon. Bad or disappointing news just doesn't…

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Aug 15

Neighborhood Bully – America Recklessly Throws its Weight

On June 30, U.S. authorities announced a stunning $9 billion fine on French bank BNP Paribas for violations of financial…

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Aug 8

Argentina’s Default: A Devastating Lesson in Unfunded Government

By Dickson Buchanan Jr.  Last week, on July 30, the Republic of Argentina was declared to be in default for the…

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Aug 4

Inflation Trumps Growth

By: Jim Nelson and Peter Schiff, With the first half of 2014 now in the books, many investors are happy with…

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Jul 25

Yellen: Where No Man Has Gone Before

Although Fed Chairwoman Janet Yellen said nothing new in her carefully manicured semi-annual testimony to Congress last week, her performance…

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Jun 27

Time To Do Less Not More

The current situation in Iraq is a modern tragedy. But in more practical terms it is a very stark illustration…

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Jun 23

The Bond Trap

The American financial establishment has an incredible ability to celebrate the inconsequential while ignoring the vital. Last week, while the Wall…

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Jun 18

Draghi Hits Savers To Salvage Faux Recovery

On June 5th, Mario Draghi, President of the European Central Bank (ECB), announced a package of measures, including a policy…

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Jun 13

Debt is No Salvation

Thus far 2014 has been a fertile year for really stupid economic ideas. But of all the half-baked doozies that…

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Jun 11

Is Inequality Caused by Capitalism or Statism?

The French economist Thomas Piketty has achieved worldwide fame by promoting a thesis that capitalism is the cause of growing…

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Jun 6

Snow Job

Economists, investment analysts, and politicians have spent much of 2014 bemoaning the terrible economic effects of the winter of 2014.…

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May 29

Piketty’s Envy Problem

There can be little doubt that Thomas Piketty's new book Capital in the 21st Century has struck a nerve globally.…

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May 22

See No Evil

In this week's release of the minutes from its April 29-30 meeting, Federal Reserve policymakers made clear that they see…

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May 20

The Belgian Connection

One of the biggest questions at the end of 2013 was how the Treasury market would react to the reduction…

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May 14

Washington Hates Carrots, Loves Sticks

A widely-held maxim tells us that money tends to flow from where it is treated badly to where it is…

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May 7

And the Band Played On

After three months of consistently disappointing jobs numbers, the markets were as keyed up for a good jobs report as…

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