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10 Year Treasury Notes Down As Consumer Confidence Lags

More than ongoing uncertainty over trade wars with China, or even increased talk of impeachment, a downturn in consumer confidence may be the factor that is challenging economic growth. See how Sunny Oh Market Watch of the WSJ explains the lay of the financial...

Banker to the Farmer, “What’s Going On Here?”

If time and the sheer speed of competing breaking news events these days leave you needing an overview of where we’ve been and where we’re headed as a result of trade wars with China as it concerns US farmers, Mario Parker and Mike Dorning provide a fairly...

Trump to End Govt. Ownership of Fanny and Freddy?

So, during the financial crash of 2008, otherwise known as the Great Recession, the public bailed out Federally managed mortgage giants Fanny May and Freddy Mac to the tune of $190B. Now that they’ve paid the taxpayers back and are in the profit zones again, the...

Subprime Mortgages Are Back …and Possibly Worse

Think of it as perhaps a self-induced amnesia; a total willful disregard of a decade ago when subprime mortgages were largely responsible for the financial crisis of 2008. New and “repackaged” risky subprime loans doubled in the 1st quarter of 2019 over...

US Equity Markets Third Quarter Looms Uncertain

Michael Wilson (Chief US equity strategist at Morgan Stanley) questions whether or not US Consumers have what it takes to avoid a third quarter recession. While it’s not yet clear whether layoffs are coming, the risk is elevated, and it’s unlikely that the third...

When the Government Becomes the Corporate Client, Not Consumers

In his piece, Why Big Business Prefers Lobbying Government to Competing in the Marketplace, Antony Sammeroff explores why government lobbying may be the more rational move over market competition. …as soon as a corporation can make more money by angling for...