Episodes
The Fed And Bonds: Act 1.
This week the curtain will ring up on the latest drama, in the long history of Wall Street. This week we will see the Bond Market…
Inflation: Wall Street's Number One Fear.
Yesterday President Joe Biden signed into law the new Economic Stimulus Plan. This is the third Economic Impact Package aimed at …
An Anniversary To Remember.
I know, it seems much longer than 12 months. But it was on this date, March 11th, just a year ago that the World Health Organi…
The Latest Stimulus Package: An Accountant's Nightmare.
The latest 1.9 Trillion Dollar Stimulus Package is currently workings its way through Congress. Passed by both the House and Sena…
Is ThePresidential Honeymoon Over?
Those first few days of a new Presidency are traditionally referred to as the “Honey Moon Period.” It is usually the time when th…
Lock-Down Or Open Up? Five States Choose Different Directions.
Well, this is the biggest contrast in economic policy among the states, since income tax. It was the decision last week of Govern…
China Highlights Strong Economy At NPC.
This weekend sets the stage for what will be the most important aspects of international trade and geopolitics for 2021. It all…
An Employment Recession Like No Other.
This morning, as happens each week, the Department of Labor once again delivered the latest numbers on initial claims for unemplo…
Are We In A Stock Market Bubble?
“It's easy to recognize a Bubble,” an old trader once told me, “just wait for the crash that follows.” Funny, he's right of cou…
How The Three Largest Economies Weathered 2020.
What a year 2020 was. Economically it was one of the most destructive years this country has ever lived through. We set a record …
Income, Income, Just What Is Our Income?
A few weeks ago we received a check for $600. If all goes well this week, we should receive another check for an estimated $1400.…
Markets Stumble At Nation's Abrupt Change of Direction.
Well, It was political theater at its best. There sat the newly installed President Joe Biden, at presumably the Resolute Desk, a…
Out Of Balance: The Story Of The US Economy.
Today we have an economy that is equally as unbalanced as the one which headed into the Great Depression. Again this economy is d…
Is This Anyway To Run A Recovery?
This week we get a rare look at the three government sectors who are leading the Economic Recovery; The Federal Reserve, the Nati…
What Do Democrats Have Against Small Businesses?
So I read on. Anxious to learn about how this Democratic Proposal would support the part of the economy that I'm most familiar wi…
Who Will Defend The US Dollar? Jerome Powell?
Using the admittedly volatile forex markets we can see a trend emerging for the Dollar, at it is disturbing, to say the least. …
"Non-Essential" The Economic Death Sentence.
This month marks the one-year anniversary of perhaps the Nation's most destructive economic policy...ever: The Designation of cer…
Supply Chain Disruption.
As we watch Winter Storm Uri move up the East Coast: we're seeing yet another disruption in the nation's supply chain. That delic…
It's Reliable v. Unreliable Electricity.
Nature has a way of exposing man's folly. When I lived in California, it was often earthquakes that exposed the poorly constructe…
Where's Bitcoin Headed? Ask JP Morgan.
The big bank, JP Morgan Chase, may have a lot more to do with the future of Bitcoin that you'd imagine.
All This Monetary Stimulus Is Like "Pushing On A String."
There is a growing consensus on Wall Street that Inflation is right around the corner. And when you first look at the numbers,…
Powell Refuses To Call Out Governors As The Real Cause Of Unemployme…
The reason we have a weak labor market is as clear as the nose on your face. It is the elephant in the room. And it is the one th…
Why There Is Little Inflation...For Now.
This morning the Bureau of Labor Statistics released the latest reading on the US Inflation Rate. And this had to be one of th…
How Is All This Stimulus Distorting The Economy.
With all this largess coming out of Washington, the question is beginning to be asked, is this too much of a good thing. The amou…