U.S. Economy
Home price appreciation had bottomed late last year and continues [...]
High Yield Debt Issuance
High yield debt issuance this month has been unprecedented. [...]
The Fed
“I can’t believe there is no uproar for a policy [...]
The Fed
The government just borrowed $760B in May alone! This was [...]
Stock Market Valuation
Let’s talk about valuations. Forward price-to-earnings (P/E) sits at 22.4. [...]
Allow States to Go Bankrupt?
In an opening bid to start the dialogue, the National [...]
Coronavirus is Seasonal
We know that other coronaviruses are seasonal. Take a look [...]
Five Lessons From COVID-19
People suffering from sudden, unexpected hardship are likely to adopt [...]
US Economy
On Friday, 3 million new people are on the unemployment [...]
The Federal Reserve Bank
Over the weekend, I read John Hussman’s latest research letter. [...]