Gay Discrimination Is A Billion Dollar Self-Indulgence
By now, you have surely heard about Indiana’s so-called Religious Freedom Restoration Act and its potential for giving cover to those...
Indiana’s SB-01– Is Not Pro Religion, Its Anti-Gay
Governor Mike Pence is lying about the purpose of this law. The photo below, and who the governor invited to its being signed into law,...
Interest Rates Aren’t Going Anywhere . . .
Source: BAML, Fiscal Times I have been fairly agnostic on several issues related to where interest rates are heading. It...
More Long Bonds Now!
Every once in a while, there is a way to resolve a host of problems that is so obvious it gets overlooked. With that in mind, and in...
Another Good 1929 Call . . .
Sometimes you have to diary these things for a few years and revisit them: Markets Showing ‘Extreme Similarities’ With 1929...
John Oliver on The Scandal That is the NCAA
The NCAA doesn’t pay athletes because they consider them amateurs. The NCAA considers them amateurs because they don’t get paid. Last...
Time for Janet Yellen to Go On the Ellen DeGeneres Show
This week, the NBC/Wall Street Journal poll on presidential contenders for 2016 came out. It was the usual sort of thing: Favorable...
Gold Turns Negative Year-to-Date; Stocks to Follow
Equity markets started off this year by falling. They rallied in February, working their way back into the green. The Standard &...
Late to the Party Again: Apple Gets Added to the Dow
I want to address the addition of Apple to the Dow Jones Industrial Average, so we have to get a few things out of the way up front. The...