Contrary to adversaries, who called the prediction markets run by Kalshi and Polymarket outright gambling, I am of the opposite opinion that their success stems

Last Friday, the BEA revealed that the US economy had increased at the seasonally adjusted annual rate of 1.4% in Q4/2025. If it had not

Economic indicators released last week by the Bureau of Labor Statistics revealed that US business, despite its apparent economic inequality, is enjoying “Goldilock” performance: inflation

Discussion surrounding whether dollar debasement is an immediate threat has so far been either theoretical or anecdotal, with little empirical evidence to justify its case.

Productivity growth (output per hour worked) is a key driver of business activity because it allows an economy to expand progressively without creating annoying inflation.

After a highly contested audition fit for reality TV, President Trump nominated Kevin Warsh, a former Fed Governor, as Chair of the Federal Reserve. History

Productivity has been steadily improving over the past two years. In the third quarter of 2025, it accelerated to a 4.9% clip from 4.1% in

As a rule, the financial markets respond to macroeconomic forces like changes in employment, inflation and productivity, plus monetary forces like changes in the money

Whatever happens in 2026 and beyond will be entirely dependent on whether recent productivity growth, which has registered average gains of 2.2% a quarter since

Both the stock and bond markets cheered the Fed’s 3rd straight rate cut, but cutting rates further will be hard to do, even though the

From 4 p.m. on Sunday to Tuesday afternoon, the price of a bitcoin dropped 8% to $84,000 and then rebounded fully by Wednesday, without any

Release of the official estimate of the real gross national product for Q3 – a key measure of overall level of economic activity – will