GDP Surprises to the Upside—-4/26/2019
Expectations were for 2.5% growth, but the U.S. posted 3.2% GDP growth in the 1st quarter.
GDP Surprises to the Upside—-4/26/2019
Expectations were for 2.5% growth, but the U.S. posted 3.2% GDP growth in the 1st quarter.
Fed Chair Proves His Ignorance—12/19/2018 The Fed raised rates today, as expected, and had a slightly more dovish tone regarding their ideas on future interest rates hikes. However during Fed […]
Europe Lowers Their Growth Forecast—-3/7/2019 The market is weak today due to the ECB lowering their forecast for growth for 2019. https://www.cnbc.com/2019/03/07/ecbs-draghi-slashes-growth-forecasts.html
The Fed can say what they want, the pundits on television can do the same, but the bottom line is a debt-based global economy can not function without constant liquidity. The Fed […]
This is a piece from CNBC regarding the famous investor Bill Miller’s take on Bitcoin. Frankly, we agree with him. https://cnb.cx/2RKXlPb
The market has been very strong this month with the price change on the S&P 500 being up 6.34% month to date. Performance numbers like this should represent a growing […]
In late 2017, I wrote a research report entitled “Central Bank Hubris.” In it, I quoted a line from C.S. Lewis and that quote was; ‘It is not the assumptions […]