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Monthly Archives: April 2020

Struggling Economy Sends Consumer Sentiment Tumbling Again in April – Robert Hughes (04/27/2020)

The final April results from the University of Michigan Surveys of Consumers show overall consumer sentiment fell sharply from the final March result, registering...

This Bust Wasn’t Caused by a Virus – Mark Thornton (04/27/2020)

On February 10 the stock markets were at all-time highs, with the Dow 30 at almost 30,000. The unemployment rate was at an all-time low...

Coronavirus Put Her Out of Work, Then Debt Collectors Froze Her Savings Account –...

ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox.Late...

Highest Levels Since Great Depression, ‘Sobering’ CBO Analysis Projects 16% Unemployment in US This...

New analysis by the Congressional Budget Office offered "incredibly sobering" projection for unemployment levels for the coming two years as the U.S. recovers from...

Podcast: Friday Comes Early For Gold Bugs As GDX Hits New High After Negative...

In this podcast I talked with David Skarica of addictedtoprofits.net. Friday has come early this week for gold bugs as gold jumped up this...

Washington Motto: Spend During Good Times and Spend Even More During Bad Times –...

Remember the days when I was complaining that the budget deficit was about to reach $1 trillion? Those days seem now so quaint. After...