20 days ago
Analyst and writer Marc Faber is a cheery fellow.
1193 days ago
Vietnam veteran and author Robert Moriarty says, “I’m an equal opportunity anarchist, I despise all governments equally. They’re all stupid and are doing these incredibly short-sighted things.” What a star!
1407 days ago
Okay, Kevin Wadsworth and Patrick Karim are chartists but let’s not hold that against them. Their calls are dramatic and bearish.
1710 days ago
Professor David Collum of Cornell University is an expert on inflation. David starts with the observation that actual wealth creation involves making life better, and the 1870s to 1940s are a good example. Since the 1940s, wealth creation has become much more gradual. GDP today does not consider inflation or planned obsolescence from cheap consumer goods.
1751 days ago
Libertarian investor Rafi Farber is an economist of the Austrian school so clearly a sound chap. He outlines the treasury market operations and the massive increase in debt issuance. Much of this debt is now being redeployed under Janet Yellen and will require an enormous amount of additional issuance to finance the infrastructure spending under Biden. This debt will be raised through ten-year and two-year treasuries, and the Fed will have to monetize nearly all of it. And that will have only one result.