Low Rates Leads To Monopoly Capitalism

by Dave A fascinating post by Wolf Richter, quoting an NBER report/model that found lowering rates too far, for too long, gives an undue advantage to the market leader.  This reduces competition, which in turn reduces productivity, and also ends …

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Crude Oil Leads Bond Yields

by Tom McClellan If you want to know what long term bond yields are going to do, you don’t need some fancy econometric model that incorporates GDP growth, unemployment rates, factory utilization, and all of the many other data series that …

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If you average the past 5 cycles, housing leads the stock market by 9.6 months. The housing ETF peaked in January 2018 and the S&P 500 may have peaked in September.

via upfina: The September CoreLogic Case-Shiller index wasn’t terrible, which is encouraging since many housing related indexes have shown weakness recently. The problem with this report is it’s from September. Therefore, it doesn’t quell investors’ nerves about the direction of the …

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Socialism leads to violence

From Reason:   Socialism is now cool in some circles. Newly elected Congresswoman Alexandria Ocasio-Cortez praises “Democratic Socialism” and told comedian Stephen Colbert, “in a modern, moral and wealthy society, no person in America should be too poor to live.” Colbert …

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