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Is the Fed Losing Control of the Narrative? – Ep. 339

Fed Surprised No OneToday, the Federal Reserve surprised nobody. They raised interest rates by 25 basis points; the 6th rate hike since the Fed began…

8 years, 3 months ago

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Is the March Rate Hike Really a Lock? – Ep. 338

Tomorrow is the first of the Fed's 2-day Federal Open Market Committee Meeting, and it's going to be the first meeting where there is supposed to be …

8 years, 3 months ago

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The Worse Things Get, the Less Investors Notice – Ep. 337

Retail Sales Down Three Months in a Row
I've got so much to talk about today, it's hard to even figure out where to begin.  So I'll start with some o…

8 years, 4 months ago

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Tariffs Are Not Good for Workers

NASDAQ New High
The stock market had one of its best days of the year; I think it was the second best day.  The Dow was up 440 points - just under 1.…

8 years, 4 months ago

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All Government Economists Should Be Fired – Ep. 335

Continued Stock Market Volatility
The U.S. stock market continues to be extremely volatile, and as I have said many times on this podcast, I think th…

8 years, 4 months ago

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America Can’t Win a Trade War – Ep. 334

Trade, Comparative Advantage and Protectionism
I want to devote this entire podcast on the subject of trade and comparative advantage and protectioni…

8 years, 4 months ago

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Powell Optimism Belies Data – Ep. 333

Second Consecutive 300-Point Drop in the Dow
The Dow Jones was down 380 points today, in fact this is the second consecutive 300-point drop we've had…

8 years, 4 months ago

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So Much Debt, so Little Concern – Ep. 332

Remembering Irwin Schiff
Today would have been my father, Irwin Schiff's 90th birthday. If you're not familiar with my father's story, and I'm sure m…

8 years, 4 months ago

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Trump Is No Reagan & Powell Is No Volcker – Ep. 331

Dow Down Over 250 Points
Today the Dow Jones was down just over 250 points; we're back below 25,000. I think we were down better than 300 on the lows…

8 years, 4 months ago

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Is the Powell Put in Play? Ep. 330

St. Valentine's Day Rout
I wouldn't really call what happened in the bond market and the U.S. dollar market as a St. Valentine's Day massacre, maybe …

8 years, 5 months ago

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