EDITOR'S CHOICE
Cracks In Ponzi-Finance Land
Article By:
Acting Man
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Saturday, April 22, 2017 1:55 PM EDT
The retail sector has replaced the oil sector in a sense, and not in a good way. It is the sector that is most likely to see a large surge in bankruptcies this year.
In this article: XRT
You Are Not An Investor
Article By:
Raul Ilargi Meijer
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Saturday, April 22, 2017 1:16 PM EDT
If we continue to use terms like ‘investor’ and ‘markets’ for what we see today, we would need to invent new terms for what these words once meant. Because they surely are not the same thing.
How The Passive Investing Mania Undermined Its Most Basic Assumption
Article By:
Jesse Felder
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Thursday, April 20, 2017 1:21 PM EDT
Extremely inefficient markets, sometimes called bubbles, are not something you really wish to tie your fortunes to.
America’s Gilded Age 2: On The Rocks
Article By:
Danielle DiMartino Booth
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Wednesday, April 19, 2017 2:17 PM EDT
Trickle-down economics is a fantasy at best during good times; it’s worse when the economy turns south.
False Narratives
Article By:
Charlie Bilello
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Tuesday, April 18, 2017 3:10 PM EDT
“The markets are sending a clear message: Trump is bad for risk assets. All of them. Sell everything.” Whether you believe that narrative to be true or false when it comes is up to you. That’s what makes a market.
Characteristics Of US Minimum Wage Workers
Article By:
Timothy Taylor
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Tuesday, April 18, 2017 10:40 AM EDT
Having an agreed-upon fact base may at least set boundaries of realism that rule out some of the more extreme claims, and in that way help to focus the arguments (about minimum wage).
Don’t Get Hung Up On Bull/Bear Labels
Article By:
Steven Saville
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Tuesday, April 18, 2017 5:24 AM EDT
Assertions to the effect that an investment is in a bull market or a bear market can make for colourful commentary, but in the real worlds of trading and investing it’s best not to get hung up on bull and bear labels
100 Year Bonds In The Trump Era
Article By:
Bankers Anonymous
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Monday, April 17, 2017 4:08 PM EDT
Some of the best reasons for the United States to issue 100-year bonds fit reasonable, prudential, debt-management principles. Other reasons facilitate wackier scenarios. We describe both.
Fed Will Cause A 2008 Redux
Article By:
Michael Pento
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Monday, April 17, 2017 11:03 AM EDT
Mainstream analysis of the Fed’s current monetary policy claims that it will be able to normalize interest rates with impunity. That assertion could not be further from the truth.
Angst In America, Part 4: Disappearing Pensions
Article By:
John Mauldin
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Monday, April 17, 2017 7:26 AM EDT
The deeper you look, the worse the pension situation gets. Angst is a perfectly reasonable response for anyone who is retired or thinking about retiring in the next decade. People don’t have sufficient IRA or 401(k) savings.
The CPI Is A False Guide For Monetary Policy
Article By:
Foundation For Economic Education
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Sunday, April 16, 2017 8:23 AM EDT
Any price index is a statistical construction created by economists and statisticians that has very little to do with consumers' actions in everyday market demand and supply. The price index is a false guide for central bank monetary policy.
Investing In A World Of Black Swans
Article By:
Wade Slome
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Saturday, April 15, 2017 1:56 PM EDT
Wall Street has an innate desire to try to turn the ultra-complex field of finance into a science, just as they do in the field of physics.
In this article: JPM