Debunking the China Story
Invest in China, you are told. China’s economy is booming. GDP growth is among the fastest in the world. Since China is growing faster...
Happy New Year!
With only one trading day to go in December, the S&P 500 is up 6.55% for the month. If stocks hold onto their gains...
Christmas Price Inflation
Inflation risks are greatly overstated, says Ben Bernanke. We should be worried about debilitating deflation, not inflation. Ben B., of course, focuses on core...
The Dividend Mandate
Income investors can’t help but be discouraged by the current state of affairs. T-bills yield 0.10%, and two-year Treasury notes yield 0.62%.
Albert Einstein described...
The Revolt
President Obama has a revolt on his hands. This week, his former allies in the house turned on him. The Democratic caucus voted on...