Category: Business Columnists

Get Out Your Checkbook: The Government is Sticking You with Its Tab

Commentary U.S. debt is blasting toward the debt ceiling it recently raised—just over a month ago—like a SpaceX rocket heading for low earth orbit. Well, that didn’t take long. The fake conservatives in Congress feigned horror as they watched our black hole of an IOU expand over four-fold since the turn of the millennium… more than…


Beijing’s Big Plans

Commentary As the Beijing Winter Olympics get underway, all the world’s eyes are on China. But are the big financial players aware of what’s really going on that’s right before their eyes? Probably not. China Stocks Crash in US Markets As tighter U.S. regulations came into force last year, weakness and fraud were revealed in…


What Are Stocks Worth?

Commentary  Economists often say stocks are worth whatever people will pay for them. While true, this information isn’t very helpful. We already know what people will pay for stocks. Just look up current prices. What people really want to know is where stock prices are heading. While the price of stocks is correct at a…


The Heavyweight Battle Royale 14 Years in the Making

Commentary Ladieeeeeeeees and gentlemen … Welcome to the throwdown match for the heavyweight championship of the U.S. economy. In the blue corner, the undisputed heavyweight champion of deficit spending. For over 50 years they have been victorious, dominating all fiscal conservative challengers. Racking up major victories over the gold standard and amassing a record of…


Reasons to Avoid Residential Real-Estate for the Long-Term

Commentary It’s hard to deny that residential real estate is in strange territory. Over the past two years, we’ve seen interest rates at record lows, buyers purchasing properties site unseen, and cities like New York that were once pronounced dead, have emerged from the grave. In the past year, the median price for homes in…


The Under-the-Radar Market That Could Produce the Next Tesla

Commentary It appears to be “game on” in the EV world. For over a decade, Tesla (TSLA) has dominated the public consciousness when it comes to electric vehicles (EVs). Other car manufacturers had tinkered with hybrids, but it was only Tesla that focused solely on creating a line of all-electric vehicles. Minor players like Fisker…


Biden Is Killing His Own Green Economy in Its Cradle

Commentary In his recent conference call, Tesla, Inc. founder Elon Musk warned that some plans to roll out new models will be delayed due to supply chain issues. As I wrote in this publication recently (See Making Bricks Without Straw: Biden’s Raw New Deal for America) this issue is contributing to the new energy crisis…


January Jobs Far Exceeds Expectations; Federal Reserve Rate Hike Looms

The  January jobs report printed at a moderate 467,000 new jobs, well above the consensus estimate of 150,000. The seasonally adjusted unemployment rate was 4 percent, unchanged. The seasonally adjusted U-6 Unemployment, at 7.1 percent, was down 2/10th of a percentage point from December, and down 4 percentage points since last year. Analysis: Details and…


Big Business Still in China

News Analysis Despite a growing outcry in democracies over the threat to human rights and international stability from China, and Beijing’s genocide against Uyghurs and other religious groups, major Western corporations continue to do business in the country, including with the military and police. Some of that business could be in violation of a new…


Signs of Economic Weakness

Commentary Many it seems—the White House but also much of the media and Wall Street—took heart from the Commerce Department’s fourth quarter report on the nation’s gross domestic product (GDP). It seemed to confirm that after the Omicron-burdened summer quarter, the economy had returned to the powerful and broad-based recovery tracked during the year’s first…