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Featured Articles

Are Recessions Inevitable?

Are Recessions Inevitable?

Stocks fell last week following news that the yield curve on Treasury notes had inverted. This means that a short-term Treasury note was paying higher interest rates than long-term Treasury note. An inverted yield curve is widely seen as a sign of an impending...

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Punishing the World With Sanctions

Punishing the World With Sanctions

Sanctions are economic warfare, pure and simple. As an alternative to a direct military attack on a country that is deemed to be misbehaving they are certainly preferable, but no one should be under any illusions regarding what they actually represent. They are war by...

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Rich’s Ghost Haunts the Courts

Rich’s Ghost Haunts the Courts

As if it weren’t enough of a downer for Russiagate true believers that no Trump-Russia collusion was found, federal judges are now demanding proof that Russia hacked into the DNC in the first place. It is shaping up to be a significant challenge to the main premise of...

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Are Recessions Inevitable?

Endgame for the Fed?

The Federal Reserve, responding to concerns about the economy and the stock market, and perhaps to criticisms by President Trump, recently changed course on interest rates by cutting its “benchmark” rate from 2.25 percent to two percent. President Trump responded to...

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