In light of the 30-year anniversary of the Black Monday Crash in 1987 (when the Dow lost more than 20%… Read More »Calm Before The Storm

In a move that was little noticed outside of the financial world, China announced the creation of an oil futures… Read More »A New Challenge to the Dollar

Of all the absurd Washington pantomimes none has been as reliably entertaining and maddening as the annual debates to raise… Read More »Blowing Off The Roof

The media has taken President Trump to task for all manner of false or exaggerated claims, but surprisingly little has… Read More »Trump at His Most Brazen

On August 21st many Americans witnessed the moon cast a historic but short-lived shadow across the United States. One day later,… Read More »The Swamp Strikes Back

Typically, U.S. Presidents are wary of claiming stock market performance as a referendum on their success. Most have seemed to… Read More »The Fed May Show Trump No Love

Any news that emerged from last week’s G-20 Summit in Hamburg, Germany was bound to be overshadowed by the high theater… Read More »The EU and Japan Move Closer

All of a sudden the Fed got a little tougher. Perhaps the success of the hit movie Wonder Woman has inspired… Read More »Here Comes Quantitative Tightening

Donald Trump has made good on one of his most audacious campaign promises by submitting what he describes as the… Read More »Damn the Deficits, Huge Tax Cuts Ahead!