ECONOMICS

Authored by Brandon Smith via Alt-Market.us,

If people have learned anything from the past few years of Ivy League elites and TV talking heads feeding them economic predictions, I hope they finally understand that the “experts” are usually wrong and that alternative analysts have a far better track record. Whenever establishment economists make a a call the opposite generally turns out to be true.

By extension, alternative economic predictions are usually well ahead of the (more…)

By John Gallagher of FreightWaves

Deaths resulting from large-truck crashes where newly licensed drivers are involved continue to rise, according to recent government data, but a proposed safety requirement that could help reduce those deaths will likely be delayed again.

The percentage of fatal large-truck and bus crashes involving new-entrant carriers climbed from 4.6% to 7.4% from 2017 to 2022, according to a snapshot of Federal Motor Carrier Safety Administration data taken (more…)

Authored by Mike Shedlock via MishTalk.com,

Stanley Druckenmiller says the Fed should get rid of forward guidance and just do their job.

I totally endorse a view by Stan Druckenmiller, the Fed Should Stop Forward Guidance.

Partial Video Transcript

Squawk Box:

Druckenmiller:

Squawk Box:

Druckenmiller:

The Fed is Uncertain About Uncertainty, So Why the Forward Guidance?

On September 22, 2023, shortly before the Fed’s pivot, I asked The Fed is (more…)