Let’s be clear: The bulk of the current deficit is the result of reduced tax revenue, not legislated increases in spending. Tax revenue peaked at 20% of GDP in 2000. For those who don’t remember, the ...

JPY @ 147.67— There may still be some losses, but the USD needs to hold 146.20 to make some recovery. If it can break above ...

President Trump sailed into the White House last year on confidence in his ability to handle the economy following 40-year high inflation and deep-seated financial frustration among voters. Here ...

In the Big, Bad, Budget Abomination, for example, there are two huge errors. The obvious one: they increased the deficit.

Financiers have bamboozled the public for years about their expertise in “fixing” companies. Yet they often—and sometimes ...