What Will Finally Signal A Market Bottom?
Make no mistake about it: for the last few months, I have been writing that I am waiting for a real capitulation moment – a moment of real fear and panic selling – to indicate … Read more
economy
Who’s to Blame for Rising Gas Prices?
Back in 2007, Nancy Pelosi was quick to blame the Bush Administration for rising gas prices. In 2018, Pelosi tweeted, “The price of regular unleaded gas has climbed 20% over the last year (thanks to … Read more
Elastic Band About to Break
Central banks were ostensibly designed to smooth out fluctuations in the economy and financial markets in order to avoid major financial crises. Unfortunately, they have done the exact opposite. Central bank interventions in markets around … Read more
Employers are hiring again – but which ones are paying wages that keep up with inflation, and which aren’t?
‘Without sustained rapid wage growth, an inflation spike can’t become a spiral,’ one observer said Inflation is hot just like the job market, but the March jobs report showed there aren’t a lot of jobs … Read more