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Fed Unfazed by Recent Rise in Treasury Yields

Federal Reserve

More than a few people have been caught up in the rise in treasury yields portending inflation. Fortunately, the Federal Reserve aren’t so easily fooled, and prefer facts over misunderstanding. It’s hard to overestimate how deep the confusion runs when it comes to understanding how bond markets work, but fortunately for us, it doesn’t quite […]

Getting the Basics Right When Investing

Investing Basics

Those who promote conventional approaches to investing are constantly trying to school us on it, but the most important part of learning is being willing to ask the right questions. There has been a movement afoot ever since we got the ability to trade ourselves on the internet. It wasn’t really that long ago when […]

A Crisis is Coming as Mental Disease Continues to Explode

Mental Disease

When it comes to providing care for the sick, we have had the luxury of mostly ignoring the economic issues involved. We won’t have this luxury for much longer. When people think of mental disease, they usually think of those suffering from conditions we call psychotic disorders such as schizophrenia or bipolar disorder, although this […]

How Will Reversing Trump Policies Affect the Labor Market?

Labor Market

The cult of Make America Great Again has now been defeated. How will the Biden administration’s efforts to reverse course affect the U.S. labor market? The people have spoken as they say, although in this particular case, serious doubts remain about the legitimacy of last November’s presidential election, one that a great many Americans are […]

Trading Becomes More Politicized as Bears Get Pounded

Trading

The alleged attack on short selling hedge funds by amateur traders is stirring a lot of unrest among an uninformed public, including politicians. Understanding these things does help. In spite of how many people invest in the stock market, there is much confusion about how these things work or even are supposed to work. This […]

Biden Fires First Salvos in War Against Fossil Fuels

Joe Biden

New president Joe Biden didn’t waste any time attacking the fossil fuel industry. We at least deserve a proper accounting of how these attacks are supposed to help us. As soon as Joe Biden first sat down at his new office in the White House, he already had several executive orders sitting on the desk, […]

Biden Presidency Conjures Up Fiscal Nightmare

Joe Biden

No matter what party you support, no matter how ignorant you choose to be about exploding our national debt, the consequences of this bites everyone just as hard. As if 2020, the biggest fiscal devastation we have ever dealt with in a single year in history, wasn’t bad enough, get ready for more in 2021. […]

New York’s Empire Continues to Crumble

New York

New York might have deserved their self-appointed title of being the empire state in bygone days, but the empire is falling before our eyes as politicians continue to play their fiddles. New York has been the capital of the United States as far as wealth goes for a very long time, and even though, like […]