Joe CarsonNov 6, 2020Does the Presidential Election Matter? It Does & A LotThe fast rise in equity prices since the election on November 3 suggests that investors have already rendered their verdict on the...
Joe CarsonOct 25, 2020Are Investors Prepared For A "Watershed" Election Outcome & A Rebirth of Federal Activism?A watershed event in politics reflects a “fundamental shift” in the federal government’s role in domestic economic, financial, and social...
Joe CarsonOct 18, 2020The Employment Data And Tax Receipts Don't Compute The employment data and tax receipts don't compute. In September, the US Treasury reported that gross federal income tax receipts fell...
Joe CarsonOct 8, 2020Inflation Measures Are Meaningless Without House Prices: But Their Use Produces Huge DistortionsThe spotlight on inflation has never been higher as the Federal Reserve made it the primary focus of monetary policy. That means price...
Joe CarsonOct 5, 2020Equity Investors Are Betting On Fiscal Stimulus: Few Remember the Clinton U-turn of 1992Equity investors think they are in a win-win position, regardless of the outcome of the 2020 election. Most believe that Congress and...