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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. Obama’s Market Meltdown
August 19, 2016 U.S. Economy
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. The Need for Yield in a Recession: What Does That Mean for Us?
August 5, 2016 U.S. Economy
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. Back to the Housing Bubble
July 27, 2016 Real Estate
Ultralow interest rates, if kept around long enough, are going to result in distortions in capital markets ... and you need look no further than the housing market for proof. Don’t Underestimate Trump
July 26, 2016 Government & Politics
As the presidential election draws near, Donald Trump stands a fair shot at claiming the Oval Office.But his win could spell trouble for the global economy.