Dogs that bark don’t bite. Like a barking dog, the Hindenburg Omen’s market crash signals have been notoriously off. However, there is one statistical signal...
Retail sales were sharply higher in July, contrary to media reports featuring the headline seasonally adjusted data. That data was misleading, due to the vagaries...
First, here is a price index for...mercial real estate that I follow. From CoStar: Commercial Real Estate Prices See Midyear Surge COMMERCIAL REAL ESTATE PRICES...
Brazil's financial markets remain under pressure. In spite of some recent interventions, including a rate hike, the currency touched another multi-year low today. The market...
The New York Times ran an interesting piece by Kim Messick on the Tea Party’s psyche yesterday: Messick, The Tea Party’s Paranoid Aesthetic, New York...
In days of old, when congressional impasses presented themselves, the Speaker of the House, rosy-cheeked Tip O’Neil, would meet his counterpart in the Senate for...
Some liberals seem to believe that all the good progressive monetarists are dead, and that the conservative movement is left with nothing but austerian neanderthals....