By: Joseph Salerno There is good news and bad news regarding President Trump’s nomination of Judy Shelton for one of the two vacant positions on the Federal Reserve Board of Governors. The good news is that Ms. Shelton is not a technically trained academic economist, indoctrinated in the prevailing orthodoxy. She holds a doctorate in business administration from the University […]
Archives for January 2020
WOKE: Goldman Sachs will only help companies file IPOs if they have one ‘diverse’ board member
Goldman Sachs has gone woke. The Wall Street titan announced that it will only help a company file an initial public offering (IPO) if it has at least one diverse board member, though it refused to define what it meant by “diverse.” But CEO David Solomon said the focus will be on women. Those racists… […]
Palladium outshines gold as it tops $2,300 – What’s going on?
By: Andrew Moran All the glitter is on gold, all the shine is on silver, and all the rust is on copper. Another metal is captivating investors everywhere, though – and that metal is palladium. As global financial markets pay close attention to the main class – gold, silver, and copper – they may have missed out […]
Did ‘bat soup’ trigger the Wuhan coronavirus outbreak?
The city of Wuhan is in full quarantine. Nine million people cannot leave the city, and the government has suspended flights and trains in and out. Local public transit has also been suspended. But it may be too late as the Wuhan coronavirus is already spreading throughout Asia and parts of North America. For now, […]
BEAST MODE: Steven Mnuchin urges Greta Thunberg to study economics before lecturing everyone
The World Economic Forum in Davos, Switzerland has been the same as it is every other year. Not even President Donald Trump could make it interesting. The elites were always gonna elite – how could you expect anything different? But there was one instance on Thursday that saved the event from being a complete snoozefest. […]