Fed-Driven Bubble Destined To End Badly

Reassurance from central banks is only emboldening investors to add to their risks. Regardless of what he says Fed Chair Powell has confirmed the Fed plans to continue its role as the great enabler. Every time the Fed signals more easing or that it will keep rates low...
Paper Assets And Promises Often End In Default

Paper Assets And Promises Often End In Default

During times of financial disruptions defaults rise in importance and move front and center. The term financial crisis is applied broadly to a variety of situations in which some financial assets suddenly lose a large part of their nominal value, a default falls into...
The Economic Path Forward May Lead Over A Cliff

The Economic Path Forward May Lead Over A Cliff

It is important to acknowledge the path forward does not always take us where we would like to go. We as a country and society do not always have as much control over our fate as we tend to believe. Starting life as an idealist that had high hopes for mankind and...