Is the Fed Losing Control of the Narrative? – Ep. 339
Fed Surprised No OneToday, the Federal Reserve surprised nobody. They raised interest rates by 25 basis points; the 6th rate hike since the Fed began, in December of 2015. The rate is now between 1.5...
22 Maalis 201830min
Is the March Rate Hike Really a Lock? – Ep. 338
Tomorrow is the first of the Fed's 2-day Federal Open Market Committee Meeting, and it's going to be the first meeting where there is supposed to be a rate hike and a press conference for the new chai...
20 Maalis 201835min
The Worse Things Get, the Less Investors Notice – Ep. 337
Retail Sales Down Three Months in a Row I've got so much to talk about today, it's hard to even figure out where to begin. So I'll start with some of the economic data that came out today, in particu...
15 Maalis 201840min
Tariffs Are Not Good for Workers
NASDAQ New High The stock market had one of its best days of the year; I think it was the second best day. The Dow was up 440 points - just under 1.8%. The NASDAQ was up 132 points; about the exact ...
10 Maalis 201832min
All Government Economists Should Be Fired – Ep. 335
Continued Stock Market Volatility The U.S. stock market continues to be extremely volatile, and as I have said many times on this podcast, I think this volatility following a long-term record lack of ...
8 Maalis 201832min
America Can’t Win a Trade War – Ep. 334
Trade, Comparative Advantage and Protectionism I want to devote this entire podcast on the subject of trade and comparative advantage and protectionism, and this trade war that President Trump is so c...
4 Maalis 201847min
Powell Optimism Belies Data – Ep. 333
Second Consecutive 300-Point Drop in the Dow The Dow Jones was down 380 points today, in fact this is the second consecutive 300-point drop we've had in the Dow. The Dow is now down about 4% for the m...
1 Maalis 201836min
So Much Debt, so Little Concern – Ep. 332
Remembering Irwin Schiff Today would have been my father, Irwin Schiff's 90th birthday. If you're not familiar with my father's story, and I'm sure most of the people who listen to this podcast are fa...
24 Helmi 201828min
