Compression – Not Recession
The “experts” at every news outlet predict recession or depression, as if we need a weatherman to know which way the wind blows. Yes, two quarters of negative GDP growth…
Today’s Lesson: Panic 101
President Trump spoke Wednesday to his fellow Americans about the coronavirus and, afterward, Lindsey Graham (R-SC) lucidly compared it to seasonal influenza. In Graham’s words, the flu is like a…
The Economics of Covid-19
The question is simple: would you rather have an ice-cold Corona or catch the Coronavirus? This is the macro-hurdle now facing the People’s Republic of China and its manufacturing dominance.…
US Economy Wows Davos!
The contrast between the America described by Democrats and Republicans could not have been greater this week. In Washington, Nancy Pelosi’s impeachment managers claimed there was a self-serving carpetbagger in…