Nothing of any importance has changed. The engine of Empire is lugging a bit as the load increases, but the Empire’s army of high-caste technocrats are hard at work, securing their perquisites and fat paychecks by keeping the sprawling global machine running.

I would seriously consider checking how your state and locality are funded. You might not want to retire to a place that is on a collision course with serious pain. Just a thought.

Even as the stock market rises on news both good and bad, seven trends offer strong headwinds to real growth in the U.S. economy.

When those corporate profits start turning into jobs, when we can see pricing power in the markets, then we can possibly say that there is a correlation between profits and inflation.

Even as the global financial system becomes ever more fragile and vulnerable to distruption, feedback loops will maintain the Status Quo for awhile longer.