Transitory Permanence
The inflation that we were emphatically told would be transitory and unmoored continues to persist …
How Transitory is Transitory?
What exactly is “transitory?” You and your wife may disagree on its meaning when your …
Inflation Crashes the Party
It’s dawning on many investors that our post-Covid financial problems may not be as easily …
You Wanna Buy a Bridge?
Recently, a piece of collage art entitled “Everydays: The First 5000 Days,” by an artist known as Beeple, sold …
Springtime for GameStop
The central idea in the classic Mel Brooks comedy “The Producers” is that unscrupulous Broadway …
The Best of Times During the Worst of Times
While most people generally understand that the stock market and the economy do not move …
A Black Swan With Teeth
For years I have been warning that during the age of permanent stimulus (which began …
World War II Was Fought With Savings Not Debt
While the country and the stock markets reel from the impact of the Coronavirus, many …
The Problem Is the Bubble, Not the Pin
With the markets shell shocked by one of the worst weeks on record, analysts are …
Clash of the Titans
In the decades that I have been listening to politicians clumsily trying to explain the …