Video Games, Student Debt, Drugs, and Welfare
Chinese Developers Rethink U.S. Real Estate Projects: "I See Danger...U.S. Real Estate Is Peaking"
Barack Obama is one of the biggest "Keynesians" of all time, but unfortunately most Americans don't even understand what that means.
It appears the growthiness of the new regime is not so friendly to FANG stocks and big tech as the Nasdaq just gave up all its gains post-election.
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.
How on God's green earth are we supposed to make sense, from an economic and investment portfolio view, of what is happening?
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 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.
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
Mention Preppies and visions of Izods with popped collars and boat shoes may come to mind.
How The S&P 500 Will Spend $2.6 Trillion In Cash Next Year (Hint: Mostly On Stock Buybacks)
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.
In March, I wrote that the election of Donald Trump would be like an injection of steroids for the stock 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.
Industrial production had another weak month. October came in at 0.0% and September was revised from +0.1% to -0.2%.
Since the election 10-year treasury rates are up 0.405 percentage points. Since October 1, rates are up 0.665 percentage points.
On January 31, 1958, Mao Zedong issued his Draft of the 60 Articles on Work Methods. The fourth of those 60 concerned the Communist ideology trying to manage its own principles in a modern world. It was to be, as he called it, a "unity of opposites