Opinions Uncensored

Comments on Home Sales in July

CR Note: When the New and Existing home sales reports were released this week, I was out of town and didn't post any graphs. Here are a few graphs and comments on the reports.The new home sales report for July was very strong at 654,000 on a seasonally adjusted annual rate basis (SAAR) -...

Q2 GDP Revised Down to 1.1% Annual Rate

From the BEA: Gross Domestic Product: Second Quarter 2016 (Second Estimate)Real gross domestic product increased at an annual rate of 1.1 percent in the second quarter of 2016, according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP...

Friday: Yellen, GDP

CR Note: It was an awesome trip, but it is great to be home. I'll be posting some catch-up graphs and comments on new and existing home sales tomorrow. Best to All.Friday:• At 8:30 AM ET, Gross Domestic Product, 2nd quarter 2016 (Second estimate). The consensus is that real GDP increased 1.1%...

3 Big Flaws in “The Market” Portfolio

I get a lot of emails about the Global Financial Asset Portfolio, which is the one true “passive index” of the worlds outstanding financial assets (you can see a basic depiction of it here using 4 Vanguard funds). This is a fine portfolio, but I always like to emphasize that the...

Samsung is Winning the Productivity and Security Battle

Back in 2011 I switched from an iPhone to an Android device. I had owned an iPhone from its first version and I loved that phone like no other piece of technology I’ve ever owned. It was game changing in every way. I’ll never forget sitting in restaurants with my iPhone 1 (before everyone and...

Helicopter Money Policy Formulation

The following is a guest post from fellow Monetary Realism contributor JKH An important aspect of helicopter money is just how a central bank would obtain the authority to undertake such a policy. Eric Lonergan is a leading proponent of HM. As he points out, the resolution of this issue could...