QUESTION: What is your view of Frank Knight’s view of risk versus uncertainty? HL ANSWER: Frank Knight was an influential economist and founder of the Chicago...
Moody’s Investor Service downgraded the United States’ credit rating from a top-tier rating of AAA to AA1 due to rising government debt. Fitch Ratings lowered...
The numbers are in, and the Consumer Price Index fell to 2.3% this April annually, down from March’s 2.4% reading, according to the Bureau of Labor Statistics....
QUESTION: Mr. Armstrong, a friend of mine attends your conferences and said you’re the only person who understands the economy because you have international...
The West’s obsession with regime change has never been about democracy–it’s about control. In “The Plot to Seize Russia,” I lay out how the Club — a...
The Commerce Department’s Bureau of Economic Analysis (BEA) released its first estimate for US GDP in Q1, a 0.3% decline annually. The decline was mainly due...
QUESTION: How come nobody in Trump’s team can not explain to Trump that the Trade War with China will push the rates up? It looks very logical to me that if...
Some believe that Donald Trump is deliberately attempting to cause a sharp downturn in equities to force a flight into treasuries. If so, the Federal Reserve...
