Financial Markets
-
•
A Recession the Yield Curve Predicted (Again)
“We get the signal that another recession will arrive within 12-18 months, then we get the signal that says recession is imminent. The door knocks are getting harder and louder. Something’s out there.” ~Richard M. Salsman
-
•
Why Corporate America’s Retreat from Social Activism Is Good for Everyone
“While corporations are free to inject values into the workplace and support social and religious programs, they have no societal responsibility to do so. In fact, there are compelling reasons they should not be doing so.” ~Jon Miltimore
-
•
Nike Takes Its Eye Off the Ball
“Nike wanted to make an impact in the community, venturing beyond selling shoes and sports apparel. The results include a current 2-percent reduction in labor force.” ~Stefan Bartl
-
•
Investors are Not to Blame for the Priciest Housing in History
“As of Q1 2024, investor purchases are below levels experienced seven years ago. As it turns out, rising interest rates impact the ability of investors to deploy capital profitably, just as this environment makes it difficult for families to acquire a home.” ~Joel Griffith
-
•
Consumers (Sovereignly) Control Google
“Every commercial choice — buying, selling, abstaining, using — is not just a transaction but a significant vote for who should produce what, when, where, and how.” ~Art Carden
-
•
June U-3 Jobless Rate Triggers Sahm Rule: Recession Ahead?
“This uptick triggers the Sahm Rule, a real-time recession indicator, suggesting that the US economy is in, or is nearing, a recession.” ~Peter C. Earle
-
•
ESG: A Gordian Knot of the Highest Order
“Thanks to a complex web of CSR initiatives, aid and development programs, progressive intergovernmental agencies, and the do-good posturing of political elites, businesses will further be ensnarled to ESG.” ~Kimberlee Josephson
-
•
Governments, Not Markets, Impel ESG
“Prominent financial institutions have backpedaled on ESG, with net outflows from ESG funds. This divestment suggests that financial institutions may have overestimated market demand for ESG.” ~Daniel Sutter and Allen Mendenhall
-
•
Dollar Dominance, Dollar Dependence
“Skeptics to the global monetary hegemon have long called for its demise — on causes of design or ideology, theory or empirics. And for decades, they have been proven wrong.” ~Joakim Book
-
•
Texas Continues to Push Back Against ESG, But Is It Enough?
“The TPSF manages funds designated for education on behalf of Texas taxpayers. If the funds have lower returns because of asset managers’ ESG crusades, Texas taxpayers are on the hook.” ~Paul Mueller and Thomas Savidge
-
•
A Recession the Yield Curve Predicted (Again)
“We get the signal that another recession will arrive within 12-18 months, then we get the signal that says recession is imminent. The door knocks are getting harder and louder. Something’s out there.” ~Richard M. Salsman
-
•
Why Corporate America’s Retreat from Social Activism Is Good for Everyone
“While corporations are free to inject values into the workplace and support social and religious programs, they have no societal responsibility to do so. In fact, there are compelling reasons they should not be doing so.” ~Jon Miltimore
-
•
Nike Takes Its Eye Off the Ball
“Nike wanted to make an impact in the community, venturing beyond selling shoes and sports apparel. The results include a current 2-percent reduction in labor force.” ~Stefan Bartl
-
•
Investors are Not to Blame for the Priciest Housing in History
“As of Q1 2024, investor purchases are below levels experienced seven years ago. As it turns out, rising interest rates impact the ability of investors to deploy capital profitably, just as this environment makes it difficult for families to acquire a home.” ~Joel Griffith
-
•
Consumers (Sovereignly) Control Google
“Every commercial choice — buying, selling, abstaining, using — is not just a transaction but a significant vote for who should produce what, when, where, and how.” ~Art Carden
-
•
June U-3 Jobless Rate Triggers Sahm Rule: Recession Ahead?
“This uptick triggers the Sahm Rule, a real-time recession indicator, suggesting that the US economy is in, or is nearing, a recession.” ~Peter C. Earle
-
•
ESG: A Gordian Knot of the Highest Order
“Thanks to a complex web of CSR initiatives, aid and development programs, progressive intergovernmental agencies, and the do-good posturing of political elites, businesses will further be ensnarled to ESG.” ~Kimberlee Josephson
-
•
Governments, Not Markets, Impel ESG
“Prominent financial institutions have backpedaled on ESG, with net outflows from ESG funds. This divestment suggests that financial institutions may have overestimated market demand for ESG.” ~Daniel Sutter and Allen Mendenhall
-
•
Dollar Dominance, Dollar Dependence
“Skeptics to the global monetary hegemon have long called for its demise — on causes of design or ideology, theory or empirics. And for decades, they have been proven wrong.” ~Joakim Book
-
•
Texas Continues to Push Back Against ESG, But Is It Enough?
“The TPSF manages funds designated for education on behalf of Texas taxpayers. If the funds have lower returns because of asset managers’ ESG crusades, Texas taxpayers are on the hook.” ~Paul Mueller and Thomas Savidge