American consumers love debt, wall street loves securitizing that debt and collecting massive fees for selling it and pension funds, with no viable alternative investments courtesy of accommodative Fed policies, love buying that debt for the extra 25
Rate Hikes During The Trump Era. Now that Donald Trump has won the election, the Federal Reserve has decided now would be a great time to start raising interest rates and slowing down the economy. Over the past several decades, the U.S. economy has
Now that Donald Trump has won the election, the Federal Reserve has decided now would be a great time to start raising interest rates and slowing down the economy.
Marc Faber's 'Contrarian' Trump Strategy: Buy Gold, Emerging Markets Marc Faber, the editor and publisher of "The Gloom, Boom & Doom Report," speaks to Brian Sullivan.
A new study just released by the USDA, offers a very detailed look at exactly how participants in the "Supplemental Nutrition Assistance Program" (SNAP, aka Food Stamps) spend their taxpayer-funded subsidies.
Austrian economics has been driving banking elites mad for over a century and now apparently they are trying to replace it with what can be called "Econocratics" – our elaboration of the term.
Just as we started regaining faith in humanity, after last year's Black Friday idiocy, here it comes again. The mindset that it takes to enact violence against another person in an attempt to purchase a cheap television is flabbergasting.
As Black Friday ushers in the year-end shopping rush, chains are touting larger price cuts than in 2015 -- a gamble that maintaining market share is worth squeezing margins. Based on a Market Track study of holiday circulars, Wal-Mart is offering an
The other day I sent an email with the subject line, "Chicken S**t Price-Fixing," with a WSJ article attached about the way that chicken prices are set. Below is a follow-up article from the WSJ, which, like the first article, is a turkey of an arti
The day after Thanksgiving, also known as Black Friday, is when the holiday shopping season in the United States traditionally begins and is the day when retailers (at least in the past) finally turned a profit, going from "being in the red" to
Durable goods orders as reported by the Census Bureau were a scorcher today, but figures were heavily skewed by nondefense aircraft orders up over 94%.
If everything is so awesome, with a growth/inflation miracle just around the corner, then why is the US treasury yield curve collapsing in a dismal-growth-outlook-implying manner?
Since Donald Trump's victory on election night we have seen the worst bond crash in 15 years. Global bond investors have seen trillions of dollars of wealth wiped out since November 8th, and analysts are warning of another tough week ahead. The g
Because last week's election fell in the middle of FreddieMac survey week, it was impossible to determine how closely the mortgage rate would track the post-election sell-off in the Treasury market.
Federal Reserve Chair Janet Yellen signaled the U.S. central bank is close to lifting interest rates as the economy continues to create jobs at a healthy clip and inflation inches higher.