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Pilot Error

Pilot Error

BY Bill Bonner POSTED May 13, 2022

There are some 400 PhD economists on the Fed payroll. Did any of them foresee the obvious consequences of printing up trillions of dollars’ worth[...]

A Harder Landing

A Harder Landing

BY Bill Bonner POSTED May 12, 2022

The stock market had another anxious day yesterday. Stocks started falling in Tokyo, headed down in Europe, and continued the pattern around the globe, ending[...]

Ace Pilot Powell

Ace Pilot Powell

BY Bill Bonner POSTED May 10, 2022

Consumer prices are rising. Real wages are falling. Investors are panicking. Productivity is dropping. The trade deficit is getting worse. Mortgages and car payments are[...]