Brexit
This is what happens when no one trusts information. Brexit was supposed to free the U.K. from European tyranny, keep the immigrants out,...
The Popeye’s Fried Chicken Sandwich
I discovered it in the “New Yorker.” Every day I do my back exercises, takes about half an hour, and while I do them I...
The Tech Backlash
The problem isn’t so much that these companies are too big, but that they’ve lost control of their platforms. Today the WSJ printed...
Challenges for Monetary Policy
Challenges for Monetary Policy by Chair Jerome H. Powell Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming ...
The Lunatics Have Taken Over The Asylum
And they want you to know they’re in charge. Even though concomitantly they’ve broken the system. We used to live in an era...
Data Behind Fear of Yield Curve Inversions
Source: FRED Blog FRED can help us make sense of the recent discussions about an inverted yield curve. But first, some definitions...
The Dow Drops
This is what happens when you put an amateur behind the wheel. Government is a professional job, and Hillary Clinton was demonized by the...
Politics is Show Business for Ugly People…
“It’s too late baby Now it’s too late” –Carole King Politics is show business for ugly...
Netflix Numbers
They’re killing the golden goose. Because price matters. Otherwise everybody would use an iPhone and a Mac, but Netflix is not a...