investing

Below is a framework that delineates the ideology and economics of two groups of economic thought that are much talked about in the wake of the Credit Crisis: the Chartalists and the Austrians. These two groups are considered outside of the…

Win Thin of Brown Brothers Harriman was on Bloomberg talking to Tom Keene and Michael Cloherty, head of U.S. rates strategy for fixed income and currencies at RBC Capital Markets, about the global markets for a good fifteen minutes today.…

George Soros makes the case for economics as a social science using his theory of reflexivity. Here are some additional thoughts to help understand why markets fail.

By Michael Lebowitz and Daniel Cohen, Absolute Investment Management Given that we can not adequately explain the enormous rise as of late and don’t believe it to be related to the weakening dollar or the economy (as gold has not…

Now that the Fed has confirmed it won't raise rates and the dollar is dropping, for me it means that negative real rates will continue and that the currency wars are back on. I have comments on what negative real rates mean for investors. I…

You've probably heard the term "smart money" used by various pundits, a reference to those investors and institutions that are consistently better at making money than the uninformed masses. Which begs the question: are you one of them?…

Fred Sheehan argues that it is unlikely that Ben Bernanke will raise rates. He says either the market or a successor will do so. He adds that there are several similarities between current trends and those in 1994, a year when many…

Developments in EM over the past couple of weeks suggest to us that EM policy-makers are finally starting to “get it” with regards to inflation and a strong currency. This is a welcome, if somewhat tardy shift. In recent months, EM…

"Texas University Buys $1 Billion of Gold Bars" screamed the headlines in a steroid font. Talk of "new eras" and "turning points" for the gold market ran viral among the bugs' blogs. You could almost hear the metaphysical bell ring,…

Michael Tanner is a Cato Institute Senior Fellow and L. Randall Wray is Professor of Economics, University of Missouri, Kansas City. The two discussed opposing views on how to deal with the U.S. federal deficit in a radio interview…