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Stargate’s AI Dreams Meet Reality
The major stock market indexes continue their push to new all-time highs. Year to date the S&P 500 is up…
Powell Holds the Line
The high stakes standoff between Fed Chair Jerome Powell and President Donald Trump is exhilarating. Trump wants Powell to cut…
How Fed Dependence on Bogus Data Invites Disaster
Numbers may seem like hard facts. But they are rigorously flexible in the right hands. The game often involves framing.…
A World Of Fiat
“Gold is money. Everything else is credit.” – J.P. Morgan, testimony before Congress in 1912 Impossible Imbalances There has been…
What a Bull-Runner Can Teach Us About the AI Bubble
Bill Hillmann is an expert bull runner. He’s also a writer. He married his two passions in a book he…
Here Comes the September Swoon
“As a dog returns to its vomit, so a fool repeats his folly.” – Proverbs 26:11 You’re Fired! Government bureaucrats…
How a Government Shutdown Can Restore American Independence
“Give me liberty or give me death!” – Patrick Henry Shutdown Season The clock is ticking. Congress has until the…
Invasive Species
The growth of government from day to day is often subtle. A new law here. Another regulation there. The imposition…
On Black Swans and White Lies
“If you hear a ‘prominent’ economist using the word ‘equilibrium,’ or ‘normal distribution,’ do not argue with him; just ignore…
