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Modern Monetary Theory: Economic absurdism enters the mainstream

Modern Monetary Theory: Economic absurdism enters the mainstream

After the Trump election victory, traditional, conventional politics and politicians have largely fallen out of favor. Middle-of-the-road ideas, proposals crossing party lines and common-ground platforms that once played a prominent role in many campaign playbooks have been replaced with a very different type of strategy.

The Precious Metals Week in Review - April 19th, 2019.

The Precious Metals Week in Review – April 19th, 2019

This week and next will be shortened holiday weeks due to the timing of religious holidays this year. With the release of the Mueller report, which found no collusion with Russia and no obstruction of justice on the part of President Trump during the 2016 Elections, American politics is likely to explode into chaos in the near term. The Democratic Party is almost certainly going to redouble their efforts to block President Trump’s legislative agenda at every turn now that the basis of their calls for impeachment has been essentially eliminated.

The Precious Metals Week in Review - April 5th, 2019.

The Precious Metals Week in Review – April 5th, 2019

Brexit continues to be the top news story affecting volatility in all markets, followed by further apparent progress in the U.S.-China trade talks. President Trump now appears to be taking aim on Mexico as the next target of his tariffs, despite an economic agreement between the two countries earlier this year that has yet to be ratified.

The Precious Metals Week in Review - March 8, 2019.

The Precious Metals Week in Review – March 8, 2019

1. Economic data out of the U.S., China and Europe were primary factors for market volatility this week. The Non-Farm Payrolls report for February will be closely watched when it is released on Friday for further indication that the U.S. economy might be slowing. 2. The seasonally adjusted number of Americans filing initial claims for…