Financial Markets

In this week's episode, Mark examines the Chocolate Crisis of 2024. Should chocolate lovers panic?

Mark takes another look at the Producer Price Index.

The inflation news from the Federal Reserve is once again disappointing. 

It’s official: the Department of Treasury is now issuing debt at pandemic levels. It’s worth noting the pandemic record was double the previous record, which had stood for 231 years.

The Murray N. Rothbard Memorial Lecture. Sponsored by Steven and Cassandra Torello.

On this episode, Ryan and Tho are joined by Mark Thornton to debunk political talking points confusing the stock market with the real economy.

Stoked by ultra-loose monetary policy from the Federal Reserve, capital markets have been in a persistent bubble for several years.

The Fed-launched real estate bubble did not just create havoc in residential markets, but also has distorted the commercial real estate market, too. And it is getting worse.

In a recent interview with 60 Minutes, Fed chairman Jerome Powell gave assurances that the US banking system is sound. Ben Bernanke also claimed almost twenty years ago that real estate markets were not overextended. The hubris must be in the water at the Eccles Building.

Some economists believe that the balance of payments is what determines currency exchange rates. In fact, exchange rates are always about the purchasing power of some currencies relative to others.