Financial Markets
Hubris Runs Rampant at the Fed
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.
The Fed vs. the Real Economy
Mark looks at the disconnect between the Fed, the stock market, and the Real Economy.
Murphy Gives Post-Game Analysis of ZeroHedge Dollar Debate
Bob highlights some of the key issues from his recent ZeroHedge debate, and explains why he thinks his side won.
Washington’s Planned Theft of Credit Card Benefits
Congressional Democrats are trying to intervene in a complex and varied market they know little about but that consumers navigate without need of help. This will not end well.
Does the Balance of Payments Determine Exchange Rates?
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.
Fed Wisdom and the Magnificent Seven
In this week's episode, Mark takes a quick look back at Fed wisdom in the year 2000 versus 2024.
Washington’s Planned Theft of Credit Card Benefits
Congressional Democrats are trying to intervene in a complex and varied market they know little about but that consumers navigate without need of help. This will not end well.
Peter St. Onge On Who’s Taking Your Money
Economist Peter St. Onge summarizes some of the major financial and government news stories of the day.