Private sector job growth (the only jobs that really count) exceeded expectations in August (+127K vs +50K), but the overall picture remains...

When I review recent news and ponder the meaning of the charts below, these are the thoughts that come to mind: The M2 money supply is well-...

Our national debt is once again in the news, since it has supposedly reached a staggering $40 trillion. I say "supposedly" only b...

The June payroll data released a few days ago bolsters the thesis that jobs growth is picking up. Jobs growth is still modest by historical ...

We're back from a long trip to Argentina. Since we were there two years ago, the only thing that has changed in a meaningful way is the ...