Dr. Liam Fox on the Future of the UK
In the final day before the June 23rd UK referendum on its EU membership, we posted an interview with Dr. Liam Fox (here), in which Dr. Fox argued for Brexit. Since […]
Home Prices: Average Not What it Used to Be
Submitted by Taps Coogan on July 25th 2016 to The Sounding Line. Many people use the terms ‘median’ and ‘average’ interchangeably when trying to represent the ‘typical’ value of a […]
Greenspan: On the Edge of Inflation, Nirvana Will be Brief
Fox Business News recently spoke with former Fed Chairman Alan Greenspan on the subject on inflation expectations. A lack of inflation has been designated by many economists and central banks […]
Real Income Spells Trouble
Submitted by Taps Coogan on the 19th of July 2016 to The Sounding Line. Mark Twain famously quipped that ‘It ain’t what you don’t know that gets you into trouble. […]
Kevin Warsh: Fed Policy Discourages Real Investment
CNBC spoke with former Fed Governor and current visiting fellow at the Hoover Institute, Kevin Warsh. In a short but concise interview, Mr. Warsh sums up what is wrong with […]
The Measure of A Market: Average Share Price
…because these discrepancies exist and because they are becoming larger in proportion to share prices, indices and composites are in increasingly unrepresentative of the average market participant’s experiences…
El-Erian: Huge Gap Between Valuations and Fundamentals
CNBC recently spoke with Mohamed El-Erian of Allianz on the subject of the sustainability of the current global bond and stock market rally. When asked, “Are we in a bond […]
Concrete Signs of Trouble
…Yet it is difficult to reconcile these optimistic measures with more concrete measures of economic activity. Take for example, well… concrete itself. Cement production and consumption is a reasonably good indication of economic health in the area of construction…
Marc Faber: Before the Year Ends, QE4 in the US
Dr. Marc Faber spoke with Fox Business today and staked out a bold claim for markets and central bank policy in the second half of the year. Dr. Faber remarked […]
US Banks: Still to Big to Fail?
…the chart below provides a sense of how quickly the delinquency problem is accelerating. The year-over-year (YoY) rate of increase in the delinquencies is over 200% and higher than when the 2008 or 2001 recessions started….