EITC = Earned Income Tax Credit. It's a way to top up the pay of people who are working but not paid very much instead of a Federal minimum wage of $15. I should have been clearer in that one of my d… (View Post)
It took me longer than it should have to understand "Don't Fight The Fed". The S&P 500 is strongly correlated to the Fed's balance sheet. Thank you for posting the balance sheet numbers… (View Post)
The Malinvestment has been tremendous and the USA looks more and more like Europe. What the USA (and the world somewhat) needs to do is bend the cost curve on healthcare and defense spending to recei… (View Post)