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 to pollution and product safety, important elements that likewise effect the aggregate supply curve. Let’s review the microeconomics of monopolies and oligopolies. Adam Smith’s Perfect Read More »
Put on your macroeconomics hat and hold on for a wild, brain-stimulating ride as Lance dives into the GDP formula and explains the President’s monumental speech at the Asia Economic Summit in Vietnam last week.
SUBSCRIBE OR SIGN IN
President Trump’s tax reform proposal seeks to lower the federal income-tax rate to 20% from the current 35%. This massive tax cut is supply side economics put into practice. Please review this lesson on microeconomics and taxation here. Large multinational corporations hold a lot of cash overseas because bringing that money to the US would Read More »
Republicans have officially given up on trying to pass a border adjustment tax to even the playing field with our trading partners. The Retail Industry Leaders Association celebrated the news and said they are now ready to get on-board with the President’s tax reform. The retail sector, and stock traders, won a significant victory Thursday Read More »
A vigorous debate is going on between economists, stock traders, and investors on if computer A.I. and automation will take all our jobs and destroy the economy. I have been studying this issue for more than a year and I’m ready to give you my final opinion on the subject. Please take a moment to Read More »
The United States economy is teetering, despite what the stock and job markets are saying. The US economy is consumption-centric. Growth in the current recovery has focused on three sectors that have fed through to consumption in its various forms: autos, energy, and financial services. The scariest set of financial indicators to emerge in decades Read More »
Housing starts have contracted for the third month in a row. According to an article in the WSJ (link above) economists had forecast a 3.4% increase. The actual number was a -5.5% decrease. That’s a huge miss folks and the reason is the “builders can’t keep up” fallacy. Housing Starts Are Falling From Rate Hikes Read More »
You will not see this stock market correction logic from AMTV (link above) in the mainstream financial media. Christopher Greene thinks that a stock market crash of a lifetime is coming soon. We are in a bubble today that is far worse than the technology bubble in 1999 and the real estate bubble in 2007. Read More »
Most investors and traders believe there is a stock market bubble right now but in a new Keiser Report (link above) Max Keiser makes a powerful argument that everything is in a bubble. The economics of supply and demand are not what’s driving the market higher. Stock Market Bubble Central banks bought $15 trillion worth Read More »
