Implications of the Domestic Brain Drain
You may have seen this subject touched upon before, but someone sent me a report produced by Congress' Joint Economic Committee that...

Tariff Costs to Americans Rising. Fast.
Chart ends at November 2018. No doubt more to come.

Kredit Krisis Krushes Kiddies
The click bait alarmists on credit quality are at it again! "More Americans late on car loans! A record number! Seven Million!" That's...

A Year's End Summary
Well, what a horrible way to end the year! It's been a rough time in the market of late, but the good news (or bad) is that this sell-off...


Steering Manufacturing Away
I've had a life long interest in cars, even before I could even see over a steering wheel. But there is much to learn from studying the...


The Tragedy At General Electric
This is the second time I've turned my attention to GE, and I've pretty much ignored the thing since I first wrote about it, but someone...


Notes on Bonds
Since the Fed started raising short term rates, it's called for a change in portfolio strategy. While the long end of the yield curve,...

September 15, 2008
On Friday, September 13, 2008, I was working in a wirehouse, and a broker a few rows ahead of me was imploring a client to buy stock in...


The Cato Institute's Laughable Conceit
We've been down this road before, but the "Merchants of Doubt" are at it again. Time was when "Think Tanks" like the Cato Institute were...


Job Numbers Break Records. Very Little Changes.
Since the Great Financial Crisis, the economy has been subject to more anxious scrutiny than at any time in my life, replete with awful...
