We are going over the waterfall on the massive fiscal cliff. Meanwhile, the Treasury is compelled to further destroy its balance sheet to prop up the...
What we are witnessing now is the economic equivalent of a person's bounce off a trampoline after a 1,000-foot cliff dive. That is, a dramatically sharp...
There is zero evidence the Fed can eventually bring year over year inflation to 4%--or whatever rate it thinks is symmetrical after years' worth of disinflation...
In contrast to the depression I predicted earlier this year, I am now predicting some of the best economic data on record to be reported in...
Moody's investors service estimated that state and local pension funds had lost $1 trillion in the market sell-off that began in February. The damage is hard...
During 2018, the Fed raised the overnight bank lending rate 4x. Turning to 2020, the S&P 500 EPS growth rate is projected by FactSet to decline...
Austrian economists believed the money printing that occurred during the Great Recession of 2008 would engender massive inflation. That indeed turned out to be the case;...
The soaring amount of distressed debt is simply reflecting the economic plunge taking place right now during this pandemic. For example, the Empire State Manufacturing Survey...
Nobody cares about debt right now and perhaps that is appropriate. But, that doesn’t mean there is going to be impunity for leveraging up the world...
The Fed has only four rate cuts left before running out of ammo. Lowering borrowing costs isn't a vaccine, but the Fed is simply panicked to...