Whether the inversion of the 2-10 bond yield curve spells recession in two years or not, there’s no doubt that the U.S. economy is slowing and the record bull market is getting old. While we’re still doing better than the rest of the world, it’s sort of like having the[…] Read On
I know what you’re thinking. “Did he fire six shots or only five?” Well, to tell you the truth, in all this excitement I kind of lost track myself. But being as this is a .44 Magnum, the most powerful handgun in the world, and would blow your head clean off, you’ve got to[…] Read On
TRIGGER WARNING: If you’re a millennial snowflake prone to sensory overload from chattering, whispering, clapping, heckling, hissing or gendered pronouns that may trigger your anxiety and affect your ability to focus, you might want to pass on this, find your nearest safe space, wrap yourself up in a warm wet[…] Read On
When you hear about student loan debt you probably imagine reasonably career-oriented young people getting reasonable loans to obtain reasonable degrees in marketable fields from reasonable lending institutions that expect to be paid back in full in a reasonable amount of time. What you don’t imagine is the federal government[…] Read On
My irreverent and occasionally insightful observations on the news of the day, FWIW: Ross Perot was Trump Before Trump was Trump Ross Perot – who died this week at 89 – was not just the most successful independent presidential candidate in our lifetimes, he was also remarkably prescient. The billionaire[…] Read On
The latest of Elizabeth Warren’s steady barrage of policy musings is all about how to create American jobs. She begins by decrying how unpatriotic corporate America is, then offers the usual big government solution: create yet another new agency, the Department of Economic Development. Of course. Here’s an excerpt: […] Read On
All the polls indicate that capitalism has somehow managed to develop a bad reputation. And when I say bad, I mean bad. Really bad. It’s a real crisis, in my view. And that’s not going to change on its own. Bad reputations never do. They just get worse. I can’t[…] Read On