When inflation is taken into account, the stock market is nowhere near an all-time high.
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This latest economic indicator does nothing but confirm a slowing economy.
These are the brightest people on the planet, aren’t they? Aren’t they?
Stockman has a grasp of economic reality. Anderson has a grasp of Austrian economic theory. Together they have produced a simple yet unnerving view of the near future.
When two smart fellas don’t know, and Bernanke doesn’t know, what will happen?
Paul Farrell has just the man to replace Ben Bernanke as Head of the Fed when his term expires next year. Wait ’til you see who he has in mind.
Leave it to economic statisticians to tell us how things look from where they stand. But how things stand depends on where you sit.
Political gamesmanship, or perhaps “gains”manship as each side tries to outmaneuver the other. They are bickering over who’ll pick up the bar tab on the Titanic.
This is what an insider does: tells the rubes what they already know and charges them a big fee for the privilege.