Wednesday, December 7th, 2016 MST

Category: Inflation

Driving the markets

Central bank actions and expectations of central bank actions are driving investment markets: the bond markets, the equity markets and the metals markets.  Economic news does not move the markets, except that markets move on how investors think that central banks will react to economic news.

Government spending, worse than taxes

April 15 is behind us, and that gives a feeling of relief to those Americans who labored and toiled in 2015 to provide for themselves and their families while seeing billions of  dollars confiscated from their earnings.  (And, now they must keep records for years just in case they are later audited by the IRS.)

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