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A funny thing happened to commodities in October. They went up. All of ’em. Or nearly all. Enough that the CRB Index busted out like an escaped felon with nothing to lose. This index tracks a basket of 19 commodities. It’s...

I first lived in Japan back in 1979. The economy was five times larger than China’s. Its population was young and vibrant. Its government debt was less than 50% of GDP. Now, when I go to Japan, I see an entirely different...

This is a story that’s funny, ironic and very sad; a comedy of errors and a tragedy for all Americans. I’ll tell you exactly what it is in just a moment. First, though, take a good, hard look at this chart … As you can see, this...

Russia scandals and paranoia continue to dominate the news cycle, disrupt Congress and plague the White House. Yet, ironically, it seems there are still few people inside or outside the Beltway who truly understand...

One year ago, as the crisis in the Ukraine was dying down, Russia was barely on the radar screen of U.S. news outlets. If it appeared prominently in more than one daily news cycle per month, it was unusual. Moreover, few people...