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“the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent.” Click here for post-FOMC press conference.
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- Investing
Politics
Not only are Modern Monetary Theory (MMT) cultists dishonest about the role of money, they also are dishonest about money‘s history. By taking issue...
Business
People who appreciate cannabis carefully seek out plant varieties that deliver abundant effects while presenting pleasing tastes and fragrances. Many cannabis users across the...
Politics
Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better,...
Business
In a two-part exposé on the podcast Targeted, host Zach Abramowitz delves into the unraveling of commodities investor Gaurav Srivastava’s professional and personal life—charting...
Stocks
In what can be called an indecisive week for the markets, the Nifty oscillated back and forth within a given range and ended the...
Stocks
In this video, Mary Ellen reviews the market’s flat momentum as uncertainty reemerges after weak AMZN, TSLA and GOOGL reports – PLUS more tariff...
Stocks
We are currently in a declining trend in the market and internals are telling us that this weakness will continue to be a problem....
Stocks
While the major equity averages are certainty up year-to-date, we’re detecting a growing number of signs of leadership rotation. As the Magnificent 7 stocks...
Investing
(Although my contributions to this series have so far been more-or-less in their proper order, this one isn’t: it occurred to me only relatively...
Investing
Although I’ve devoted many essays here to exploding myths about historical private currencies, there’s one I’ve yet to directly challenge. That’s the belief that...
Investing
(From the entry on “Money,” by Charles Francis Bastable, in the famous 11th edition of the Encyclopedia Britannica): The very large number of the...
Investing
Today, inflation has reached a 40-year high, in response to fiscal profligacy and accommodative monetary policy. Direct cash payments to individuals and businesses in...
Investing
Thanks to the Roosevelt Recession, in the spring of 1938 the New Deal’s “Keynesians” finally found themselves in the saddle, displacing the planners, reformers,...
