US Money Market Injections

The sudden rocketing repo rate and the Fed's injection of money four times this week to keep the Fed funds rate in the 1.75% to 2% range was spooky. It

China Increasing Its Gold Reserves

Gold usually starts to do better at the end of the market cycle when the Federal Reserve starts lowering rates. The main reason that markets are at all-time highs is the

Trader Warning – Collapse of Capex

The collapse of capex is troubling to say the least. Capital spending growth is non-existent. What's crazy is that the cost of borrowing is already so low so any additional
Unions did not create the 5 day work week or 8 hour work day, Henry Ford did.

Supreme Court Rules Against Unions

It was a touch day for public sector unions today after the Supreme Court ruled in a 5-4 decision for Janus v. AFSCME that nonunion employees cannot be forced to
Supply and demand chart showing that Google's oligopoly on advertising reduces the quantity of advertising available from different firms causing advertising prices to rise.

Oligopolies and Monopolies

The Trump Administration is following the playbook of Reaganomics. As part of its Reaganomics program, the Reagan Administration cut back sharply on the regulation of everything from monopoly and oligopoly

Pharmaceutical Drug Pricing

Pharmaceutical drug pricing is all over the mainstream financial media right now. Let's examine the macroeconomics of what is happening. The demand for pharmaceutical drugs is inelastic. People that need a