Financial Markets

Mark Thornton takes a look back at US stock markets, the national debt, and Fed policy.

Mark discusses the accuracy of the Super Bowl Stock Market Indicator.

Jeff Deist and Allen Mendenhall discuss "stakeholder" capitalism and what we can do to push back against ideological purity tests.

Considering the bond yields have only risen slightly, and that monetary overhang from covid is still huge, it’s difficult to be remotely confident that monetary conditions have been tight.

Will the Fed be successful with its "Immaculate Disinflation"?

Jeff makes the case for viewing today's economy as quite unlike that of 2007—due to steady increases in CPI, more fiscal stimulus relative to monetary stimulus, and ongoing supply shock issues from covid.

Are stock markets in full recovery mode?

Mark Thornton takes a look at the recent GDP report and the layoff announcement at 3M.

The economics discipline has devolved into statistics, models, and hard science envy. Is the profession doing any good, or active harm? Per Bylund joins Jeff and Bob to discuss.

Hunter Hastings joins Jeff for a thoroughgoing discussion of how monetary and fiscal policy distort capital markets and create perverse incentives for financialization rather than real production.