Blog
Blog
Will the U.S. Default on Its Debt?
Executive Summary Is $28 trillion in United States government debt not enough? The answer is “no”, as the Congressionally approved deficit spending [...]
What is Going on With Long-Term Interest Rates?
Executive Summary Last week the stock market took a roller coaster ride while bonds took a hit. The 10-year Treasury Note yield [...]
What Happened in the Stock Market?
Executive Summary Monday’s stock market move may have seemed a bit extreme. Many financial pundits will speculate as to the cause; however, [...]
What is Economic Growth’s Dirty Little Secret?
Executive Summary Despite massive stimulus and extreme monetary policy, the “expansion” period between the Great Recession and the Covid19 recession experienced the [...]
Is the Economic Data Weakening?
Executive Summary This week’s update is brief, so a summary may seem unnecessary. The two main points are the disappointing 235,000 new [...]
Will the Fed Actually Tighten?
Executive Summary Last week all the economic focus was on what Fed Chairman Powell would say at the Jackson Hole meeting. It [...]
Are 30-Year Treasury Yields Sending a Signal?
Executive Summary The bond market is often considered a better indicator of the economy than the stock market. Currently the 30-year Treasury [...]
Should Speculators Ignore History?
Executive Summary Benjamin Graham, the father of value investing and mentor to Warren Buffett, in December 1959 commented that at the peak [...]
Is the U.S. Really Near Full Employment?
Executive Summary The Jobs Report released last week reported 943,000 new jobs, and the markets and media celebrated. What the headline did [...]