The Market Says North Korea Isn’t a Crisis
Efficient markets assume that all traders, as a group, know everything. This is good news for those worried about the situation in North Korea.
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Economy
America’s Health Care Costs Are Crushing the Economy
Health care spending now accounts for more than 17% of the U.S. economy. Even with insurance coverage, more adults are struggling with health care expenses.
The Detroit of Tomorrow?
When even the richest of American cities start to struggle with pension problems, it shows you we’re approaching a crisis point.
Guns vs. Butter: Can America Afford to be the World’s Cop?
All of our annual income tax payments effectively go to the annual military budget. To be frank, I’m concerned about our country ending up like Rome.
The Fed’s GDP Forecast
One data point that I follow when it comes to gross domestic product (GDP) is the Atlanta Federal Reserve’s GDPNow forecast.
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