Commentary The United States and European Union are entering a green subsidy race that will determine where millions of electric vehicles will be manufactured over the next decades. EV sales in the United States, for example, are projected to double by 2025 to nearly 2.5 million. Car manufacturers around the world want a piece of…
How the Boom Bust Works
December 1, 2022
admin
Analysisboom and bustBusiness & MarketsBusiness Columnistsbusiness cycleeconomicsinflationOpinionrecessionU.S. economyzero interest rates
0 Comment
Commentary If you have a house for sale, you might want to get in front of the market and lower the price dramatically now. I know it hurts, but housing prices are highly sensitive to 30-year mortgage rates. The higher the monthly payment goes, the lower the price paid for the home itself will be….
The FTX Collapse: A ‘Perfect Crisis’ With Many Unanswered Questions
November 30, 2022
admin
Business & MarketsBusiness ColumnistscryptocurrencyFTX CollapseOpinionSamuel Bankman-FriedThinking About China
0 Comment
Commentary As the impact of the FTX collapse continues to unfold, there are several aspects of the event that reach well beyond the cryptocurrency world. And as more information comes out, the more important the situation appears. A Few Facts and Curious Coincidences First of all, the massive financial scandal has left investors with billions…
The Bull Case Has Two Problems
Commentary Since the beginning of October, the market has performed better as a “Fed Pivot” bull case pushed investors into the market. We previously laid out the case for a strong “short squeeze” around the lows of September, stating: “Currently, everybody is bearish. Not just in terms of ‘investor sentiment’ but also in ‘positioning.’ As shown, professional investors (as represented by…
Beijing Finally Wakes Up
Commentary After more than a year of delay, equivocation, and finger-pointing, Beijing seems to have awakened to its economy’s needs. The authorities have moved to enhance the liquidity of real estate developers. As this column has pointed out for months, this is something the authorities should have done more than a year ago when Evergrande…
The Economic War With China
Commentary Before wars become hot and kinetic, with missiles flying, they usually creep up into the sphere of trade and economics. Situational awareness of this dynamic is critical, so the missiles don’t surprise us if they do fly. The norm in trade relations is mutual benefit through comparative advantage. This is the “friendly competition” that…
One If By Lenovo, Two If By TikTok
Commentary Things were a lot simpler when we were fighting the Redcoats nearly two and a half centuries ago. Before he famously rode into history in the midnight hour, alerting Colonial militia of the approach of British troops, Paul Revere arranged for Boston’s North Church to use lanterns in its steeple to signal to colonists…
Asian Investment Bolsters US Manufacturing Revival
November 25, 2022
admin
5-nanometerArizonabatteryBusiness & MarketsBusiness ColumnistsChinaChina Business & EconomychipsMarketsTaiwan Semiconductor Manufacturing Company (TSMC)US-China relations
0 Comment
News Analysis A Taiwanese chipmaking giant is doubling down on a sprawling factory it’s building north of Phoenix, adding to a wave of Asian investment that is boosting employment in the resurgent U.S. manufacturing sector. Taiwan Semiconductor Manufacturing Company (TSMC), Apple’s exclusive chip supplier, aims to make silicon chips using its advanced 5-nanometer production process…
Progressives Determined to Accept Higher Inflation
November 25, 2022
admin
American supply chainBusiness & MarketsBusiness ColumnistsBusinesses in COVID-19inflationOpinionPhilips CurveunemploymentViewpoints
0 Comment
Commentary “Having a little inflation is like being a little pregnant.” — Leon Henderson, FDR Administration This past summer, Sen. Elizabeth Warren (D-Ma.) berated Larry Summers and other interest rate hawks for possibly causing a recession with their calls for higher rates. She called Summers “someone who has never worried about where his next paycheck will come…
An Economic Candle Burning From Both Ends
Commentary Some facts of our times follow. As you read, consider your own household and portfolios and how they measure up. Disposable personal income per capita has been in decline in real terms for 19 straight months. This is not just dollar amounts but dollars adjusted for purchasing power. We are just now level with…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta