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By all measures, the economic downturn that began in 1920 was worse than what occurred in 1930, yet the economy recovered quickly in 1921....
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Politics
There is no real housing market in the US. Instead, an unholy trinity of Fannie/Freddie, the US Treasury, and the Federal Reserve Bank operate...
Politics
Once again, after two decades of silence, the Federal Trade Commission (FTC) is cracking down on Microsoft. For what? Microsoft is accused of monopolistic...
Stocks
As the great bear market of 2022 was really hitting its stride, the 3800 level came into view as a likely support level for...
Stocks
From The Sector Level On the Relative Rotation Graph for US sectors, the tail for the Utilities sector stands out. It is relatively long...
Stocks
The market got into its sideways range starting about December 16th and is still in that zone. They say don’t short a quiet market,...
Stocks
The past 3 months have been torture for the QQQ, the ETF that tracks the NASDAQ 100. The large cap stocks that dominate the...
Stocks
I continue to look for signs this market wants to go higher, but it refuses to show me some resilience. In what can only...
Politics
The late Douglas North was correct to assert that institutions are a determinant of long-term economic growth. However, despite his genius in perceiving connections...
Politics
Ah yes, the Tea Party. Fifteen years after it was established by followers of Ron Paul, the so-called antiestablishment organization has been co-opted by establishment...
