First, the greenback is soaring globally because of Trump and what FX traders expect he’s going to do. That is, simply, to step on the gas. This reversed a months-long decline in the US currency and ...

The total cost of the American dream is no small sum—$4.4 million—exceeding the average lifetime salaries of both men ($3.3 ...

Daily this blog is deluged with bot comments promoting crypto. Lately they’ve been supplemented with the fanatical enthusiasm of Bitcoin fans calling people like me dinos and dinks. They all get ...

The share of first-time homebuyers in America has also descended to an historic low. But it’s not 10%, like here. Instead ...

First-time dads are so cute. At less than a year-and-a-half old he’s planning out the next few decades for his girl – who might end up in tats, piercings and a Rats tribute punk band. But it’s noble.

Reality is that elites – much, much monied folks – subscribe to a believe that the U.S. elections are far, far too important to simply allow the U.S. citizens to decide the outcome on their own. Good ...

Buy anything meaningful in the last few months? No? Shame on you. Be a patriot. Get a new couch on credit. The economy was supposed to grow about 1.5% (annual rate) in the third quarter. Alas, no ...

It doesn’t matter till it does! This is what we call a ‘Minsky moment.’ A Minsky moment is when an overindebted country or corporation suddenly collapses under the weight of their accumulated debt and ...