Financial media lite says gold is old and bitcoin is its replacement. Let’s look into that…
Munger vs Robinhood
Which side is history on in this spat?
Treasuries Taken Out And Shot
Then for good measure, dragged up and shot again.
Economic Overheating Worries Overblown
Concern about the risk of overstimulation and overheating is misplaced.
Financial Media Discovers Inflation
You heard it here first
FDI 2021 0206
The latest read on inflation in the US dollar.
Welcome New Subscribers!
Thanks for joining us
Is Bitcoin Millennial Gold?
The erstwhile barbarous relic becomes your father’s Oldmobile.
Can Treasuries Still Help Diversify Stocks?
Rumors of the death of the diversified portfolio are exaggerated
Inflation Is Here
The Fed’s search for inflation is over
Asset Performance Review
A quick look at how various assets have performed over the past year
Gold Hammered
Gold oversold
Another Cryptobubble?
Starry-eyed infatuation with disembodied bits of technology strikes again
Overstimulated And Undernourished
Too much stimulus, not enough nutrients
Vaccine
Less than meets the eye
FDI 2020 1107
Update on the value of the US dollar.
Synthetic Sysyems Update
The Financology market forecast
What’s Up With The Markets?
It looks like stocks and commodities have weakened.
Looks can be deceiving…
FDI 2020 0919
Inflation slows a bit from the breakneck pace of the past few months
Do Low Interest Rates Cause Inflation?
If only policymakers would bother to ask…
FOMC Decision 2020 0916
As usual, the interesting stuff was in the press conference.
In Search Of Real Interest Rates
A normal healthy economy means normal healthy interest rates. The former doesn’t exist without the latter.
The Fed Needs To Stop Blowing Bubbles
The Federal Reserve is once again inflating a dangerous asset bubble that is harming the economy.
Whiplash
From inflation to deflation back to inflation … it’s a good thing we have the Fed keeping things stable.
Buying Unemployment
You get what you pay for.
Is Gold A Good Inflation Hedge?
A rebuttal to Northern Trust
Reconnect
Reconnecting disconnected markets
Overdue, but not Overdone
The stock selloff we’ve been waiting for weeks for has finally arrived.
Growing A New Government
Elon Musk: Time to break up Amazon. Monopolies are wrong!
Does Gold Belong in a Retirement Portfolio?
Answering Mark Hulbert’s argument.
Stocks Next Leg Down
Return of the bear.
The Key To Endless Prosperity Revealed
The recipe for a free lunch.
Oil Prices Go Negative
The logical extension of negative interest rates?
What is Money?
We use it all the time, but don’t stop to think about what it is.
Getting Back To Normal
When we will get back to normal is far less important than what normal we get back to.
Investing For A Postapocalyptic World
Thoughts from a multihanded economist.
The Biggest Threat To The Economy
In the short run, it’s COVID-19. In the long run, it’s less obvious.
Unemployed, But Not Out Of Work
Are we overlooking a great many job openings?
A Ray Of Hope
Freedom works.
Bull-$#!+
It’s a bear market rally.