Mark Skousen
Outlook for 2024: Down We GO?
It’s at least conceivable that gross output is a leading indicator of the economy.” — Peter Coy, Economics Editor, NY Times One of the highlights this year was my gross output (GO) statistic making the Aug. 7 issue of The New York Times: “What GDP’s Cousin Can Tell Us About the Economy.” See it here. Gross […]
Is It Time to Catch Latin Fever?
“Don’t buy what’s hot — buy what’s not!” — Rick Rule (“Maxims of Wall Street,” p. 38) Special Note: Attention all holiday shoppers and subscribers: Orders for my books are still coming in. Before I left on my Latin American cruise, I signed copies of the new editions of “The Maxims of Wall Street” and “Economic Logic.” […]
Three Cheers for the Magnificent Seven
“It’s not a stock market, it’s a market of stocks.” — “Maxims of Wall Street,” p. 158. Special Note: Attention all subscribers: This coming weekend, I’ll be joining the Eagle cruise to Central and South America. If you would like to order copies of my books in time for Christmas, now is the time to […]
One Quote Made Warren Buffett the World’s No. 1 Investor
“Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation.” — Warren Buffett Charlie Munger, Vice Chairman of Berkshire Hathaway and Warren Buffett’s sidekick for more five decades, died this week at the age of 99. He was hoping to celebrate his 100th birthday on January 1, 2024. […]
‘The Incident’ Transformed This Hollywood Producer: A Thanksgiving Story
“Be not forgetful to entertain strangers: for thereby some have entertained angels unawares.” — Hebrews 13:2 Frank Capra (1897-1991) was the Oscar-winning Italian-American filmmaker of “It Happened One Night,” “You Can’t Take It with You,” “Mr. Smith Goes to Washington” and the most famous of all, “It’s a Wonderful Life.” He worked with some of […]
The Fed is Missing a Key Ingredient for a ‘Soft Landing’
“Don’t fight the Fed — fear the Fed!” — Michael Sincere, MarketWatch (“Maxims of Wall Street,” p. 148) Last week, I gave the opening lecture at Hillsdale College on “The Genius of Adam Smith” as part of a “Great Economists” conference. But it was the final speaker who created the most controversy: Nicholas Wapshott, author […]