What’s Another Trillion or So?
Wednesday, the Congressional Budget Office (CBO) published its updated federal budget projections for the years 2019 through 2029. The figures were not encouraging. Due [...]
Congressional Budget Office
Where There’s A Will There’s a Way
Incoming data continue to suggest that the economy is still growing at a modest pace: no recession, but also no blast-off like many had hoped by this time in the recovery (or [...]
Enough Fed! Give Free Markets a Chance!
For the past few years, we have argued that the economy needs to continue the process of deleveraging as consumer and government debt levels remain far too high from an [...]
Buy Low! Hang ‘em High! And The Rich Get Richer
“Buy Low. Sell High. And don’t get them confused!” There are few more important rules for investors. I’m struck once again by the faithful Pavlovian response of those [...]
Thoughts on the Budget Crisis
Last week the Congressional Budget Office released its revised estimates for the federal government budget over the next ten years. It should come as no surprise that the [...]
