Thursday , 21 November 2019


Economic Overviews

What the Economic & Financial Tea Leaves Are Saying

My reading of the economic and financial tea leaves is that the economy continues to grow at a sub-par pace (about 2%), just as it has for the past 8 years. I don't see evidence of a coming boom, or of an imminent bust... just more of the same. Dull. Here are a baker's dozen charts, with the latest updates, to flesh out the story:

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The Markets Are Speaking, But No One Is Listening! Check Out These 3 Charts

The economy is booming, but based on expectations NOT actual policy changes, and stocks are MOST susceptible to violent drops (or even crashes) when illusions are shattered. The illusion of major changes to the U.S. economy is about to be shattered and the markets are already telegraphing this. Take a look at these 3 charts and you will understand.

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The Magnificent Mogambo: “We’re Freaking Doomed!”

I wistfully remember the good old days of blissful naiveté about economics, which is before I found out about the Austrian school of economics, which led me to completely comprehend the unbelievable Keynesian econometric insanity of excessively expanding a fiat currency, especially over an extended time.

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