Friday: Monday: Over the weekend, our Daily covered 3 key ratios to help decipher the market action and the prevailing macro theme for the economy. We started with the one between long bonds (TLT) and the S&P 500 (SPY). All ...
Drug addicts suffer major withdrawal symptoms when they go cold turkey. In the case of high-tech startups and their banks (like Silicon Valley Bank), the super-low-interest-rate stimulant has been taken away by the drug dealer (the Fed) via interest rate ...
The Murray N. Rothbard Memorial Lecture, sponsored by Steven and Cassandra Torello. Recorded at the 2023 Austrian Economics Research Conference hosted at the Mises Institute in Auburn, Alabama, March 16–18, 2023. The Austrian Economics Research Conference is the international, interdisciplinary ...
Keynesian economists claim that cost cutting by companies in order to protect profits can lead to an economic slump. They believe that if everyone tries to cut costs, demand from retrenched workers for goods and services weakens, and as a ...
Advocates for more military spending tell us the taxpayer must pay to expand the US’s nuclear arsenal. Because of China. In truth, the US’s arsenal is in no danger of not “keeping up.” Original Article: “No, We Don’t Need More Nuclear Weapons” ...
The Henry Hazlitt Memorial Lecture, sponsored by Harvey and Mei Allison. Recorded at the 2023 Austrian Economics Research Conference hosted at the Mises Institute in Auburn, Alabama, March 16–18, 2023. The Austrian Economics Research Conference is the international, interdisciplinary meeting ...
The more powerful a government, the more likely it is to engage in war and conquest. Case in point: US involvement in Ukraine. In 2014 the US led a coup that displaced a “democratically elected” president, Viktor Yanukovych. In November ...
Central banks usually don’t admit their guilt in the destruction of money, but the Bank of England unwittingly comes clean. Original Article: “The Bank of England: Money Creation in Their Own Words” This Audio Mises Wire is generously sponsored by Christopher ...
Almost two thirds of consumers cannot answer basic questions about their finances correctly, according to a survey from PwC and YouGov. Asked how much they would expect to pay for their mortgage if interest rates suddenly went up, only 37 ...
Most British businesses are struggling to plug gaps in their workforces amid a shortage of skilled talent. About 80 per cent of companies reported difficulty filling jobs, according to the latest talent shortage survey by ManpowerGroup, the American recruitment giant. ...