Garry Kasparov: Communism’s Last Chess Champion on Freedom and America Losing Its Way
A unique perspective
Government Transfer Payments Since 1960
The means become the ends
US Capital Goods Spending Still Through the Roof
Paging Powell…
Ed Yardeni: No Recession, But Watch Energy Prices
“We have to have more respect for profits”
Where Inflation Is the Worst
Cars, food, lodging, etc…
Chart: Highest S&P 500 Operating Margins in at Least 20 Years
Does the Fed think it’s policy contribute to inflation?
Leland Miller: China Consumption Growth Not Happening, Big Losers Will Be Countries Relying on China
“The countries that are in real trouble are the ones that are relying on these high levels of Chinese growth…”
Market Implied Rate Hike Odds Are a Pipedream
Both sides of the transitory inflation debate are half wrong.
Chart: Truck Tonnage vs the S&P 500
Infinity or bust
