Daily Market Commentary Nvidia: Political Capital Becomes A Liability Daily Market Commentary Liquidity Tightens: Pay Attention, Don’t Panic Blog How Bonds Work: Everything You Need To Know Bull Bear Report Midterm Election Goes Blue: What Happens With Markets Now? Blog PPI vs CPI: Are Record Profit Margins About To Get Squeezed Daily Market Commentary Oracle: Buybacks Gone Bad And Special Market Trading Update Daily Market Commentary The Election Aftermath: Let The Market Finish Voting Blog Credit Spreads: Calm On The Surface, Concern At The Bottom Daily Market Commentary Oracle Sells Cheap Stock As Its Debt Window Narrows Daily Market Commentary Liquidity Weighed On Gold Trumping Real Yields
Vol. XXVII · No. 134
Tuesday — November 10, 2026
Houston, Texas

Tag: economy

Capitalism Is The Worst, Except For All The Rest

Capitalism Is The Worst, Except For All The Rest

By Lance Roberts, Oct 14, 2019

In the past, we discussed how “Capitalism” was distorted by Wall Street. We’ve also reviewed some of the “myths” of capitalism, which are used to garner “votes” by politicians but are not really true. Most importantly, we discussed the fallacy that “more Government” is the answer in creating equality as it impairs economic opportunity. I […]

Debt & The Failure Of Monetary Policy To Stimulate Growth

Debt & The Failure Of Monetary Policy To Stimulate Growth

By Lance Roberts, Jul 18, 2019

A fascinating graphic was recently produced by Oxford Economics showing compounded economic growth rates over time. What should immediately jump out at you is that the compounded rate of growth of the U.S. economy was fairly stable between 1950 and the mid-1980s. However, since then, there has been a rather marked decline in economic growth. […]

Economic Theories & Debt Driven Realities

Economic Theories & Debt Driven Realities

By Lance Roberts, Mar 11, 2019

One of the most highly debated topics over the past few months has been the rise of Modern Monetary Theory (MMT). The economic theory has been around for quite some time but was shoved into prominence recently by Congressional Representative Alexandria Ocasio-Cortez’s “New Green Deal” which is heavily dependent on massive levels of Government funding. […]

The Debtor’s Prism

The Debtor’s Prism

By Lance Roberts, Mar 22, 2018

In just a little more than six months, the U.S. national debt has grown by a $1 trillion dollars. Today, Congress will debate on a $1.3 trillion “Omnibus spending bill” to fund the government through the end of September of this year. As noted by Robert Schroeder: “Last week, the debt hit $21 trillion for the […]

Shiller’s CAPE – Is It Really Just B.S. – Part I

Shiller’s CAPE – Is It Really Just B.S. – Part I

By Lance Roberts, Mar 20, 2017

Shiller’s Cape – Part 2 “Price Is What You Pay. Value Is What You Get.” – Warren Buffett One of the hallmarks of very late stage bull market cycles is the inevitable bashing of long-term valuation metrics. In the late 90’s, if you were buying shares of Berkshire Hathaway stock, it was mocked as “driving Dad’s old Pontiac.” In […]

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