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Market Shorts – How Socialism Destroyed Venezuela
Source: Economics21.org "Many in the media have blamed Venezuela’s worsening humanitarian crisis on corruption, mismanagement, falling oil prices, or U.S sanctions - anything but the rise of socialism in what was once the wealthiest country in South America. Yet...
Market Shorts – Stocks, Bond Yields Fall Amid Anxiety Over World Economy
Source: Wall Street Journal "Global stocks and bond yields slid Friday as weak manufacturing data deepened investors’ anxiety about the health of the world economy. Signs that momentum continues to cool across major economies have challenged investors, raising...
Market Shorts – Apologies to President Trump
Source: The Hill "With the conclusions of special counsel Robert Mueller's probe now known to a significant degree, it seems apologies are in order. However, judging by the recent past, apologies are not likely forthcoming from the responsible parties. In this...
Market Shorts – Free Markets Are Moral, Not the ‘Lesser of Two Evils’
Source: Reason "Some critics view socialism as something warm and fuzzy (free health care, like in Sweden!), while others drip with hostility at the inequality of market-based economic systems. There was widespread agreement, however, that U.S.-style capitalism has...
Market Shorts – The Green Bad Deal
Source Ron Paul/Ron Paul Institute "The recently-proposed Green New Deal is proof that climate change is for progressive Democrats what terrorism is for neoconservative Republicans: a ready-made excuse to expand government and curtail liberty. This radical plan would...
Market Shorts – Next: Trump’s Promise on the Fed?
Source: New York Sun "President Trump's plan to nominate Stephen Moore to a governorship of the Federal Reserve could come to be seen to be as important as the justices he's named to the Supreme Court...During the 2016 campaign, though, Mr. Trump made an issue of...
Market Shorts – U.S. GDP Growth Revised Down to 2.2% Rate in Fourth Quarter
Source: Wall Street Journal "The U.S. economy grew at a slower rate than initially estimated in the fourth quarter, closing a year of strong economic growth on a softer note as a key measure of U.S. corporate profits weakened. Gross domestic product, a broad measure...
How to invest when politics goes schizophrenic
Source: Ponte/WND "For most of America's history, we have been governed by two political parties of one mind. Both Republicans and Democrats were mostly practical, centrist and pro-capitalist. Even liberals eager to tax business were careful not to kill the...
Fed Faces Crucial Decision on Its Portfolio Mix
Source: Wall Street Journal "Markets have cheered the Federal Reserve's imminent announcement that it will stop shrinking its asset portfolio later this year, but determining that date is just one challenge facing central-bank officials....Specifically, they need to...
Why Gold Is Still The Best Basis For Money
Source: Forbes "To understand why gold works, as a standard of monetary value, you have to understand what makes good money. Today's cryptocurrency enthusiasts are rediscovering what monetary thinkers have always known: that the best money is stable money, or, as I...
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