Archive For: April 2017

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The Biggest Tax Cut Ever----Some Lessons For The Donald, Part 2

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Industrial Production Weak Again in March

Usually when the mainstream media reports economic data, they like to put a positive spin on it. But when the Wall Street Journal reported US industrial production last week, it hedged.

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April 25: Daily Contrarian Reads

My daily contrarian reads for Tuesday, April 25th, 2017.

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The Biggest Tax Cut Ever----Lessons For The Donald, Part 1

Last Friday the Donald popped another surprise on his economic team and the GOP congressional leadership. As they continued to struggle with little success to parse the elements of a modest, politically fraught tax reform bill, the President came charging out of a totally different zip code...

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April 24: Daily Contrarian Reads

My daily contrarian reads for Monday, April 24th, 2017.

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CPI Ignores Rip Roaring Housing Inflation

The NAR reported home sale prices on Friday. Prices of houses going under contract in March rose by 6.8% on a year to year basis. That's off a bit from a 7.7% increase in February, but it is still a red hot number.

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Chart of the Day: The Greatest Financial Fraud In History----$14.6 Trillion Conjured From Thin Air

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Chart of the Day: Good Job, Fed! Trickle-Up Economics Works If You Prefer 1917

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Chart of the Day: Yes, Janet, Nothing To See In This Chart!

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The Pitiful, Helpless Giant On The Potomac And The Countdown To Zero Cash

It doesn't get much better than this. April is the month when the US Treasury dies and goes to revenue heaven.

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