Some years ago, I wrote a piece called "When Does GDP Matter?" The issue is coming up again, because many define a recession as two...

Fed watching and Fed criticism have long been a staple of financial media. You would be shocked at the fortunes made by people with a...

One of the worst kept secrets in the investment world is that there are a lot of mediocre performers managing huge sums of money on the...

Perhaps one of the most remarkable episodes in bond market history was recounted in the report shown above, written by Joe Mysak,...

Looking over the basket of products and commodities the government uses to produce the Consumer Price Indexes, it appears that the...

One of the hidden aspects of reporting monthly jobs numbers is that they're always reported as a net number: either the economy "adds" or...

Forgotten by a fickle press, the number of initial unemployment claims has dropped to whisper levels, which is probably why no one is...

This new issue came my way yesterday, and it's something of a watershed event. I haven't seen a 4.00% yield on a four year maturity for...

Back in June of 2021, I wrote a piece about how the COVID crisis disrupted labor markets, and why we should rely more on the Employment...

While we are forced to deal with all kinds of supply and price disruptions due to oh, global pestilence and war, it's good to remember...