Outside the Box, February 2018
February 21, 2018
My friend Tom Bentley sends me political rants every day and then attaches an article from someone. Today’s is from Brian Wesbury, a brilliant economist who packs a thoughtful free-market punch. I mention Tom because I want to also pass on you the note he sent me this morning, introducing Brian. Here’s an excerpt (and Tom’s full note appears below, as a preface to Brian’s piece):
As we continue to suffer under the blizzard of bullshit about everything put out by both sides, and hugely...
February 7, 2018
In the past few days we have heard endless explanations for the market’s big “Oops!” and the return of volatility. The commentary has centered on the Fed and its sister central banks as they begin to batten down the hatches on inflation and trim their balance sheets (prematurely, in my view).
In the midst of all the hoopla – and for a long time before the recent Day of Reckoning – my good friend Doug Kass has been something of a voice shouting at us from the wildnerness, with the resounding...