Silver as an investment

Category Archives: Capitalism

Mercantilism as the Economic Side of Absolutism

mises.org / Murray N. Rothbard / 12/26/2017 [This article is excerpted from An Austrian Perspective on the History of Economic Thought, vol. 1, Economic Thought Before Adam Smith.] By the beginning of the 17th century, royal absolutism had emerged victorious all over Europe. But a king (or, in the case of the Italian city-states, some lesser prince or ruler) cannot […]

The Stock Market & The FOMC – An Astonishing Statistic

Authored by Pater Tenebrarum via Acting-Man.com, An Astonishing Statistic As the final FOMC announcement of the year approaches, we want to briefly return to the topic of how the meeting tends to affect the stock market from a statistical perspective. As long time readers may recall, the typical performance of the stock market in the […]

Everyone In The (Stock Market) Pool?

Via Dana Lyons' Tumblr, The percentage of households’  financial assets currently invested in stocks has jumped to levels exceeded only by the 2000 bubble. Updating one of our favorite data series from the Federal Reserve’s latest Z.1 Release, we see that in the 3rd quarter, household and nonprofit’s stock holdings jumped to 36.3% of their […]

One Of Bank of America’s “Guaranteed Bear Market” Indicators Was Just Triggered

It is undisputed that the last 2 quarters have demonstrated an impressive jump in corporate earnings growth, if mostly due to a beneficial base effect from plunging 2016 earnings which pushed them below levels reached in 2014. And naturally, this rebound has been more than priced into a market which has seen substantial multiple expansion […]

Stock Market Acceleration Reaches Terminal Stage

Via KesslerCompanies.com, Secular stock-market bullish trends tend to accelerate as they mature. The last three big bull moves in the Dow Jones Industrial Average look very similar and suggest a near-term major correction. See below: DotCom Bubble: Global Financial Crisis: 'Everything' Bubble:   It's different this time though.

Resolved: The Welfare State Should Be Abolished

Authored by Jeffrey Tucker via The Foundation For Economic Ecucation, That the welfare state is for the purpose of helping the poor is one of the great fictions of our time… I was honored to be the guest speaker of the Yale University Political Union last week, addressing the need to abolish the welfare state. […]

“Russia Did It” and Other Crimes

    “Russia Did It” and Other Crimes Posted with permission and written by Rory Hall, The Daily Coin           We haven’t had a system of capitalism since the Federal Reserve and Woodrow Wilson hijacked the US Treasury and US economy in 1913. Our financial, monetary and economic system has morphed […]

Cradles of Capitalism: the City-States of Greece and Italy

mises.org / Marcia Christoff-Kurapovna / 11/14/2017 There long has been a persistent academic debate as to whether an “ancient economy,” referring mainly to Greece, even existed at all. In a field dominated by Marx, Marxists, the 19th century sociologist Max Weber, and such scholars of renown as Sir Moses Finley, the lingering image of the economic world of […]

“We Have Reached A Turning Point”: Trader Explains Why Today’s CPI Could Send Equities Reeling

From the latest Macro View by Bloomberg commentator and former Lehman trader, Mark Cudmore Equities Must Fear CPI Now the Fed Put Era Is Over A surprise in either direction from today’s U.S. consumer price index print is likely to hurt global stocks. For many years, in the wake of QE, we became used to […]

How The American Dream Turned Into Greed & Inequality

Authored by Alberto Gallo via WEForum.org, The American Dream is broken. Paul Ryan, speaker of the House of Representatives, recently stated that "in our country, the condition of your birth does not determine the outcome of your life." Yet the idea that every American has an equal opportunity to move up in life is false. […]