The above quotation has been attributed to the German philosopher Hegel. I believe it is more appropriate now than the title I used in a..
Consumer spending accounts for roughly two-thirds of U.S. economic output. No other major economy in modern history has sustained a consumption share this large for..
How Federal Reserve interventions have repeatedly inflated asset bubbles—each more dangerous than the last. As this article will show, the Fed is now trapped by..
Selected excerpts from The Shepherd Investment Strategist, published prior to the 2008 financial crisis. Introduction Between late 2005 and mid-2007, my newsletters outlined why the..
DATE: 03-18-88 31 -- Money and Finance Working Group on Financial Markets By virtue of the authority vested in me as President by the Constitution..
The following are several newsletters published during the period preceding and immediately after the Tech Bubble Burst of 2000, which I am including here to..
How Federal Reserve Tinkering has set the stage for the largest market and financial collapse in history (and how you can protect yourself and profit..