In borrowing a quote from Bill Blain’s Morning Porridge installment today, “I think the music just stopped.” “But the science is worrying. Although the WHO has been praising China for its efforts and openness, something has been awry about the numbers since the start....
Buying a financial instrument that will outlive you: it’s an odd concept and a sign of the times, something most rational folks have trouble wrapping their heads around. Yet here we are, charging through the second half of 2019 and our own government is floating the...
“I was born for a storm, and a calm does not suit me” “The bank, Mr. Van Buren, is trying to kill me. But I will kill it” “You are a den of vipers. I intend to rout you out and by the Eternal God, I will rout you out” – President Andrew Jackson Last...
Now that Jerome Powell’s brief foray into interest rate normalization has been abandoned like last week’s trash, the hope of rational central bank policy and a return to the days of Paul Volcker and fiscal discipline are, sadly, dead and gone. Sure, we can dream, but...
It’s been six years since former socialist dictator Hugo Chavez banned Venezuela’s citizens (though not his military regime, of course) from owning or carrying guns. Originally sold to the public as a war against violence, the net effect has been a war against an...