John Kenneth Galbraith

We're Not All Gonna Make It

Gravity Reasserts Itself at the Most Inconvenient of Times One of our favorite sayings is a German proverb: Bäume wachsen nicht in den...

The Cure for High Prices

There's an Old Saying among Commodity Traders: The Cure for High Prices is High Prices Persistent underinvestment in American housing...

Morning in America, at Least

The United States Reassumes Its Position as the Engine of the World Economy Earlier this week, we discussed our view on inflation rates...

Happy/Solemn Holidays, Good Weekend and Spring Break

Green Shoots goodstead wishes to apologize to its Members for the lack of depth of analysis this week. Our attention was focused on a...

Where We Are in the Current Economic Cycle

The macroeconomic picture in the United States is best understood as a tale of two economies: one is in a deep recession, from which it...

Holiday Miscellany: On Jobs, Robbin' Hood, and Crypto "Currency"

Jobs Claims Rise, a FinTech Hero Looks Less Heroic, and Alternative Currencies Continue Their Euphoria-driven Flight Heavenward Initial...

Kissing the Ring, or, The First Rule of Power

When investing in China, investors will do well to keep in mind the First Rule of Power The First rule of Power is that Power is Power....

IMF Changes its Tune on Austerity

Developed Governments Can Finance Expansionary Fiscal Policy After All What a difference a decade makes. After an unnecessarily prolonged...