I think most of you intuit that I’m not like the normal guy out there. I think outside the box, analyze everything, respect and revere cycles as much as I
Look. Economy & Markets isn’t a political newsletter, and I typically stay away from talking about it – people are touchy on the subject, and it’s the quickest way to
We’re certainly no longer united. In fact, we’ve not been this polarized and divided since the Civil War.
The shining star of the 2009-2016 recovery has been auto sales. We weren’t surprised. In fact, we saw it coming. After all, cars are the last large purchase people make
The problem, as usual, is that economists, analysts and politicians don’t understand the real causes of our economic malaise since 2007, including Trump.
Let’s do a quick thought experiment… Imagine you’ve got two people in the workforce. Let’s say one is 40 and the other 65. When both are gainfully employed, the unemployment
Gold peaked at $1,934 in September of 2011 – the last major commodity to peak in the 30-year cycle that first peaked in mid-2008.
Our middle class has been shrinking substantially since the 1960s and ’70s. Today, their share of wealth is the lowest in the world, at a mere 19.6%!
What the hell are Donald Trump and his new Treasury Secretary, Steven Mnuchin, smoking?! A new supply-side strategy? Just when we have overcapacity everywhere thanks to the greatest debt bubble
Even though the markets haven’t behaved logically of late, it would have seemed a slam dunk for gold to rise if Donald Trump won. After all, we faced uncertainty around