Wall Street Is Destroying the Economic Recovery
Despite the Fed’s blather, America’s chemistry is off. An ingredient necessary for a vibrant economy is missing. One look at the data will show you exactly what’s missing and why.
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U.S. Economy
Basic Income Will Kill the Economy
In a world where machines can make perfect burgers, there’s no need for $15-an-hour burger flippers. But the solution, basic income, is more science fiction than fact.
The Market’s Breaking Point
Price discovery. Never heard the term? Remember it, because it explains the logic defying melt-up the market is going through right now.
Obama’s Market Meltdown
Since 1920, only six presidents have served a full two terms, or eight years. Obama is about to make it seven, resulting in a rare market cycle with an ominous outlook.
Breaking the American Consumer
Every bit of economic data is dished up for consumption. A one-off snapshot that says nothing about the true state of the U.S. economy … that a consumer-driven downturn on the way.
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