The net result is nonsensical policies that fail to achieve their stated objectives.We live in an era of illusion: the illusion of understanding, and the illusion of control.Few institutions reflect these illusions better than the Federal Reserve,…
Wal-Mart stock lost $18 billion in value this Wednesday after management revealed the company may take up to a 12% earnings hit in 2017.
But the real story here has nothing to do with Wal-Mart itself.
What is transpiring in geopolitics prompts me to recall the depths of the Cold War.
Back then, the two superpowers – the United States and Russia – contested for leverage wherever they could.
Bernie Sanders’ debate performance Tuesday night brought in $1.3 million in donations in just four hours following the event.
Like the politician himself, Bernie Sanders’ debate tactics and preparations are a little bit unorthodox.
The price of gold hit a seven-week high today (Monday) as investors believe the U.S. Federal Reserve will delay its first interest rate hike in nearly a decade until sometime in 2016.
Government shutdown 2015: The full cost of a government shutdown that lasted 16 days in October 2013 was staggering – it delivered a $24 billion blow to the U.S. economy and taxpayers.
Almost exactly an hour and a half into the CNN debate last night, Carly Fiorina and Donald Trump got into a scrap about their entrepreneurial track records. A moderator pitted the GOP candidates against each other when he asked who, between the two of them, would be better at job creation? “You ran up mountains of debt at your casinos, and you were forced to file for bankruptcy a record four times,” Fiorina said to Trump. “Why should we trust you to manage the finances of this nation any differently than the way you’ve handled your casinos?”
This is getting way too stupid. The Keynesian Chorus is going into a full blast trilling campaign, emitting a shrill cackle of warnings against a Fed rate hike. Yes, 80 months of pumping free money into the canyons of Wall Street is not enough. Why? Well, this is hard to type with a straight face, but according to the cackling gaggle…