Topic: Federal Budget (U.S.)

The key question facing investors right now — on the anniversary of a record-breaking stock surge, the best in 75 years — is whether we’re headed for a second bull-market year?    Read More

I do believe that this great stock market rally over the past year — the S&P 500 is up 68 percent and economy-sensitive small-caps are up 95 percent — is in part telling us that political regime change is coming our way this November.    Read More

The Fed has made a lot of noise about the unconventional methods Bernanke and company will use to withdraw the vast stimulus that has been pushed into the system.    Read More

The U.S. Census is using sports to try to get the word out that people need to mail in their forms that will arrive in 120 million households next week. Its Super Bowl ad was lambasted for costing $2.5 million and not being to the point and others are now surprised that the Census has signed a $1.2 million deal to be on Greg Biffle’s car for three weeks, beginning this past Sunday.   Read More

In this commentary I will explain why I’m cautious; how I could be wrong; what’s at stake for me and my clients; and how we’re invested.    Read More

We’re not gonna get a barnburner recovery such as we saw in 1983-84 when Reagan slashed tax rates. Obviously not, since Obama’s Washington is moving in an anti-supply-side direction.    Read More

There’s a lot of loose talk on Wall Street right now about the risk of a double-dip recession. I’m not buying it.    Read More

Jobs are clearly on the minds of those in Washington, D.C. The Temporary Extension Act of 2010 allows for another 14 weeks of jobless benefits to be extended to those out of work which would cost a CBO estimated $8.6 billion.    Read More

Rush Limbaugh was pretty fired up about my interview earlier this week with Cato's Alan Reynolds.    Read More

Sen. Jim Bunning was right all along. He was just trying to get the Senate to enforce its own pay-go budget rule and actually find $10 billion of spending cuts out of a $3.5 trillion budget to pay for extended unemployment benefits and other items in a catch-all spending bill.   Read More