Financial Markets

The Dutch Tulip Bulb Mania of the 1630s continues to fascinate, especially given the recent asset bubbles our economy has experienced. What caused this bubble is worth a second look.

The political establishment is trying to stoke panic that Trump is “politicizing” the Federal Reserve. But it’s already political. The real danger, from their perspective, is not that Trump is changing the Fed; it’s that he’s making its true nature harder to hide.

Newly released jobs data this month shows that the jobs narrative from the media was based on bogus numbers.

Profits and losses play an important role in a free market system. However, as government intervenes to protect politically-connected firms from losses, the entire market becomes distorted and less reliable.

The Efficient Market Hypothesis claims that financial markets process information immediately and correctly. However, since the EMH is based upon unrealistic assumptions, we also have to question the efficacy of this hypothesis, especially when central banks intervene in the markets.

The Efficient Market Hypothesis claims that financial markets process information immediately and correctly. However, since the EMH is based upon unrealistic assumptions, we also have to question the efficacy of this hypothesis, especially when central banks intervene in the markets.

As the latest housing bubble pops, home sellers are asking for unreal prices for their homes, while buyers are waiting for the prices to fall. Bill Pulte, Trump's Director of the Federal Housing Finance Agency, is demanding the Fed force down interest rates to restart the unsustainable boom.

As the latest housing bubble pops, home sellers are asking for unreal prices for their homes, while buyers are waiting for the prices to fall. Bill Pulte—Trump‘s Director of the Federal Housing Finance Agency—is demanding the Fed force down interest rates to restart the unsustainable boom.

Professor Steve Hanke joins Bob to discuss why COVID lockdowns were an unprecedented policy blunder and how currency boards provide an effective solution to hyperinflation.

With US Government bonds being downgraded, another sign that Washington's borrowing and spending is out of control, not that anyone in power is listening. Think of the downgrade as a canary in a coal mine.