

8 Traits for Investing Success
Investing is not easy, and few people do it well over an extended period. The research documents this outcome well. Despite the evidence,...


Laboring Productivity and Free Trade
Labor and capital have battled perpetually since the dawn of humanity. This struggle usually resolved itself through the barrel of a...


Consumption's Revival or Requiem
The equity markets in the US are welcoming a new president, for whom regulations and taxes are anathemas, by rising at an unprecedented...


Deconstructing Inflation
As the page turns to a new year and a new President, bond investors fear the return of inflation. Tight labor markets, expected fiscal...


The Cost of Capital: China, Commodities, and Credit
The cost of capital is the linchpin that directs investment to the worthiest causes in a free market; however, sometime the market is not...
