Post Modern Economics: Modern Monetary Theory (MMT) And The Flight From Reality

Post Modern Economics: Modern Monetary Theory (MMT) And The Flight From Reality

MMT’s ideas have insinuated themselves deep into government, central banking and even Wall Street – “Modern Monetary Theory Isn’t The Future. It’s Here Now” [SUBCRIPTION REQUIRED], James Mackintosh, The Wall Street Journal, November 22 The current fad in economics is…

The Carnage Beneath The Surface, Can NVDA Hold Up The Market?, Strategist: Surge In RIVN LCID “Sign Of Unhealthy Market”

While the major indexes were only down moderately Wednesday with the S&P -0.26% and NASDAQ -0.33%, things were much worse beneath the surface. NYSE + NASDAQ Advancers to Decliners was 2,588 / 5,426. That is, there were about 2 Decliners…

DIS Cracks, Precious Metals Rip, BMBL For The Long Term, RIVN IPO: $100 Billion Valuation “Pre Revenue”

DIS Cracks, Precious Metals Rip, BMBL For The Long Term, RIVN IPO: $100 Billion Valuation “Pre Revenue”

The market had a marginal bounce Thursday after two days of selling with the NASDAQ +0.52%, S&P +0.06% and Russell +0.82%. I wouldn’t get too excited if I was a bull because in addition to the gains being limited, volume…