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alasdairmacleod

The Origin of Cycles

by Alasdair MacLeod Gold Money It was Karl Marx who was among the first believers that cyclical behaviour was endemic to free markets. He...

Boy Was I Wrong About This Place…

by Simon Black Sovereign Man In 1927, US Supreme Court Justice Oliver Wendell Holmes famously wrote that “taxes are what we pay for civilized...

First Mover = First Loser

by Karl Denninger Market-Ticker.org There is a common – and wrong – premise that “first mover” is an advantage. Of course it is at...

rickackerman

The Yellow Flag is Out

by Rick Ackerman RickAckerman.com The Dow Industrial Average now sits within 429 points of a potentially very important ‘Hidden Pivot’ target at 21,049 that...

The Trump Presidency: RIP

by Dr. Paul Craig Roberts PaulCraigRoberts.org Has Donald Trump overestimated his presidential power? The answer is yes. Is Steve Bannon, Trump’s main advisor, politically...

andrewhoffman

Out with the Old, in with the New

by Andrew Hoffman Miles Franklin It’s Friday morning, and I’m on fire, for many reasons – starting with thus far, being decidedly correct about...