Latest Insights on ESTE
The Leading Edge of the Dollar Hurricane
September 7, 2016 Currency
U.S. exports are down nearly $64 billion so far this year, and yet the Fed is flirting with raising interest rates. Can you imagine the economic storm if the dollar gets any stronger?Wall Street Is Destroying the Economic Recovery
August 31, 2016 U.S. Economy
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. Basic Income Will Kill the Economy
August 24, 2016 U.S. 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
August 23, 2016 U.S. Economy
Price discovery. Never heard the term? Remember it, because it explains the logic defying melt-up the market is going through right now.Goodbye Austerity, Hello Big Government Spending
August 9, 2016 Government & Politics
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.