Goodbye Austerity, Hello Big Government Spending
One of the rare things that Clinton and Trump both agree on is bigger government spending. Austerity is out. Infrastructure spending is in, and you’re going to pay for it.
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Economy
Jobs Data You Can’t Afford to Ignore
Wall Street celebrated on Friday, roaring higher July’s jobs data. But it’s too early to give the all-clear, and it’s definitely far too early for the Fed to start raising rates.
The Need for Yield in a Recession: What Does That Mean for Us?
The U.S. economy limped along in the second quarter solely on consumer strength. Will that strength return for the third quarter and avoid a recession? Don’t hold your breath.
The Fed: Soviet-Style Economic Propaganda
What we are led to believe as “truth” in America is no different than what the Soviets were led to believe, and only by disengaging will you get facts to defend investment decisions.
Clinton and Trump: The Big Political Con
Obama once said, “Elections have consequences.” But most Americans vote based on wish fulfillment rather than careful consideration. Be careful what you wish for.
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