Newton's Stock Market
Natural sciences in usual circumstances are wonderfully predictable; what goes up must come down. Economists since Leon Walras have promoted the profitable illusion that economics is a natural science. Today, more than ...
+
Smaller Trade Deals, More Trade
Rarely have free trade debaters–on all sides–had better opportunities to wag tongues. The long-standing era of free trade deals that in Canada started with the Canada-US Free Trade Agreement in 1987 (CUSFTA), superseded ...
Cobalt: Attractive, But Not Without Its Downsides
The price of a metric ton of cobalt, the precious metal used in lithium batteries, increased 60% in the last year to $81,500 USD, a 264% increase since its all time low in February of 2016. Higher prices have lifted ...
Should I stay Or Should I Go?
Despite what some people will tell you, the recent sell-off in the stock market was not a result of rising bond yields (as I said before rising bond yields are more likely to have delayed the sell-off). Yes, bond yields ...
Paul Krugman Weighs In On Bernie Sanders Here:
There is a 90% chance Hillary will win the Democratic nomination, Paul Krugman says, so Bernie has a responsibility to support Democrats and go easier on Hillary. Paul Krugman, “Feel The Math” This is a tell-tale sign ...
Where Is The Money?
As Krugman might say, “…it’s in the market, stupid.” The most influential economy in the world is poised to raise interest rates, but not because of inflation. Central banks in major parts of the ...
