It always amazes me that most people think that the effect of central bankers on the global economy is small. Its not just our resident critic here @ BATG. I went to a conference last year where a very conservative Christian financial advisor told me that the stock market was basically just about the great […]
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Fellow Berean Mark Caleb Smith continues to write eloquently about the need for improving civil discourse, as in our current featured post, yet I fear he will continue to be a voice in the wilderness. While he and I have some disagreements in this area, certainly he is right that a major problem in our […]
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As we approach 5 November, the date that Treasury Secretary Lew has said the U.S. will run out of money, there are more articles coming out on the possibility of the U.S. defaulting. Implicit in almost all the reporting is the false assumption that if partisan politics prevents an extension of the debt, the U.S. […]
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Where there is no Vision, the people perish. Implications for Christian Political Economy
13 Oct 2015
Many of us have heard the Proverb 29:18 in the form of “where there is no vision, the people perish.” It is often used to suggest that without visionaries we can’t move forward. Politicians, both left and right, suggest this means we need to have their policies put forward to guarantee our future–since obviously they […]
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As the Obama administration has completed its negotiations for the Trans Pacific Partnership (TPP) trade deal, both Donald Trump and Bernie Sanders were quick to pounce: Trump tweeted The incompetence of our current administration is beyond comprehension. TPP is a terrible deal. Of course, agreeing with Mr. Trump on the first statement in no way […]
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International Monetary Fund warns on the bubble they encouraged! But has the horse already left the barn?
30 Sep 2015
Yes, another blog post on the Fed’s failed monetary policy. I hate to keep blogging on this particular issue, but it continues to be the major economic issue facing us. Now that the effects of the easy credit bubble deflating are becoming apparent to everyone, including famed corporate takeover investor Carl Icahn, the IMF is […]
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In Fed We Trust!
16 Sep 2015
Tomorrow the Fed will announce its decision on whether to increase interest rates for the first time since 2006, and the markets seem to be thinking we’ve got at least another meeting until it happens. Markets are up in the last couple of days and even long-beaten gold is catching a bid, sensing that interest […]
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Boom Boom! Bust?! What’s next for world markets?
23 Aug 2015
Lots of press the last few days on the markets crashing, with the first stock market correction since 2011. I’ve been warning that this won’t end well, but that doesn’t mean I have the answer to what happens next–if I did I would be making the trades first thing tomorrow to profit from it myself. […]
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As we continue in the “new normal” of lower than trend growth in the Obama Era, last week saw 2.3% growth in the 2nd qtr after only a revised upward 0.6% in the 1st qtr, we must ask why. I have argued before that whether you are a progressive or a conservative, you ought to […]
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In one of the rare triumphs (likely fleeting–see below), the Republicans actually let the Import-Export Bank die a most well-deserved death by refusing to renew its charter which expired at the end of June. For those that don’t know, this government program is known as “Boeing’s bank,” since it subsidizes loans to foreigners who are […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach