Rail Traffic Still Down

Total carloads for this week were 201,823 carloads, down 21.8% compared with the same week in 2019...

  • Jun 25, 2020 9:50 PM

How Do You Say (Way) Off-Balance-Sheet In Chinese?

What’s going on now is a mockery – or an intentional shift in programming. Both SAFE and the PBOC report that foreign assets have been stable; in terms of the monetary base of the latter, suspiciously stable...

  • Jun 25, 2020 8:30 PM

Daily Briefing - June 25, 2020

Senior editor Ash Bennington and managing editor Ed Harrison break down the latest economic data amid a bullish day on Wall Street. They discuss the rising…
  • Jun 25, 2020 6:25 PM

The Depression Dominoes Are Toppling

Once you allow your economy to become dependent on extremes of debt, leverage, inequality, legalized looting, monopoly, pay-to-play politics and speculative asset bubbles, a depression is inevitable.

  • Jun 25, 2020 5:10 PM

Fed Releases POMO Schedule For Next Two Weeks

In line with the recent Fed disclosure that the central bank will purchase about $80 billion in Treasurys monthly, the latest schedule shows an average daily purchase of about $4.5 billion, or $40.2 billion spread over 9 days

  • Jun 25, 2020 3:47 PM

Market Begins To Internalize Reality

The Fed, with its massive quantitative easing, removing trillions of dollars of assets from the markets, has created a scarcity induced Beanie Baby-like stock market bubble...

  • Jun 25, 2020 12:46 PM

Robertson: Is It Time To Retire The 60/40 Portfolio?

This approach has worked brilliantly and has allowed countless investors to sit back and watch their retirement dreams come true comfortably. Unfortunately, those halcyon days are coming to a close...

  • Jun 25, 2020 12:18 PM