The erstwhile barbarous relic becomes your father’s Oldmobile.

A quick look at how various assets have performed over the past year

Gold oversold

Too much stimulus, not enough nutrients

Less than meets the eye

Update on the value of the US dollar.

The Financology market forecast

It looks like stocks and commodities have weakened.

Looks can be deceiving…

Inflation slows a bit from the breakneck pace of the past few months

As usual, the interesting stuff was in the press conference.

A normal healthy economy means normal healthy interest rates. The former doesn’t exist without the latter.

The Federal Reserve is once again inflating a dangerous asset bubble that is harming the economy.

From inflation to deflation back to inflation … it’s a good thing we have the Fed keeping things stable.

You get what you pay for.

A rebuttal to Northern Trust

Reconnecting disconnected markets

The stock selloff we’ve been waiting for weeks for has finally arrived.

Elon Musk: Time to break up Amazon. Monopolies are wrong!

Answering Mark Hulbert’s argument.

Return of the bear.

The recipe for a free lunch.

The logical extension of negative interest rates?

We use it all the time, but don’t stop to think about what it is.

When we will get back to normal is far less important than what normal we get back to.

Thoughts from a multihanded economist.

In the short run, it’s COVID-19. In the long run, it’s less obvious.

Are we overlooking a great many job openings?

Freedom works.

It’s a bear market rally.

The Coronavirus Relief Package is signed into law. But it should come with a warning label.

It was only a matter of time…

Rev up the virtual printing presses.

Coronavirus is the catalyst, not the cause, of the current financial crisis.

The yield curve fully uninverts.

Another Black Monday.

2008 Redux?

Are you diversified?

Some thoughts on the financial implications of the coronavirus plague.