Monthly Archive: May 2025

Are Bond Vigilantes Finally Waking Up?

This week, interest rates spiked as Trump's spending problem convinced investors they want higher yields for trillions of new federal debt.

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Foundation stone laid for new building for biomedicine in Basel

The foundation stone for the new Centre for Biomedicine building was laid on the University of Basel's Life Sciences Campus on Friday. The laboratory building, which will cost CHF365 million ($444 million), will host around 700 researchers from 2030/2031, the university announced on Friday. According to the press release, the building will bring together all …

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Week Ahead: Greenback Begins Off on the Defensive

Between its trade war and the "big, beautiful budget", which is both regressive and adds on more debt, the US has roiled the capital markets. Before the weekend, the US said the EU was not negotiating in good faith. President Trump threatened a 50% tariff as of June 1. This looks harsher than the current … Continue reading »

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An Unstoppable Bull Market?

Inside This Week's Bull Bear Report Even Trump Can't Kill The Rally Last week, we discussed how the rally had repaired much of the previous damage following the correction. As we noted: "This past week, the market continued its advance. There is little reason to be bearish with key overhead resistance levels broken. However, as …

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The Triumph of Economic Freedom

Mark Thornton reflects on the persistent misconceptions about capitalism in America and offers up a "Marxist interpretation" of our dilemma.

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MMT and US History: Redefining Chartalism

MMT uses chartalism and a few dubious examples to appeal to history to establish the theory‘s authority and validity, only to discard this element as irrelevant and unnecessary.

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Lord of the Manor

Dr. David Gordon reviews Mary Grabar‘s Debunking FDR, which examines Roosevelt‘s paternalistic worldview and how it shaped his political life and his presidency.

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The 163rd Anniversary of the Battle of Front Royal

James Bovard: Today is the 163th anniversary of the battle of Front Royal, Virginia (the town near where I was raised). On May 23, 1862, almost all the Yankee soldiers in Front Royal were captured, killed or wounded.

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Relearning the Lessons We Never Learned from World War I

We would do well to remember the main lesson from World War I: there is no “honor” in warfare. It is pure murder.

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Student Loans: A New Sheriff in Town

Forbes called this explosive loan situation, a “perfect storm…of heavier debt loads, higher payments, and an unforgiving economy.”

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Court rejects Credit Suisse shareholder compensation claim

The Federal Supreme Court has dismissed a couple's claim that misinformation from the Swiss state caused them to lose money on Credit Suisse shares. + Get the most important news from Switzerland in your inbox Before the collapse of Credit Suisse, the couple had bought 38,000 shares in the bank, relying on the reassuring words …

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Biden, Bombs, and Bonds

Biden's hidden illness, Trump's surprise foreign-policy pivot, and America's bond meltdown. Don't miss the inaugural episode of the Power & Market Podcast, a weekly news recap from the Mises Institute’s editorial team.

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Lord of the Manor

For this week‘s version of Friday Philosophy, Dr. David Gordon reviews Mary Grabar‘s Debunking FDR, which examines Roosevelt‘s paternalistic worldview and how it shaped his political life and his presidency.

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Dollar Slumps

Overview:  The dollar is finishing the week heavily.  It is off against nearly all of the world's currencies.  The only exceptions are the Turkish lira and Hong Kong dollar.  For the week, among the G10 currencies, only the Australian dollar has not risen at least 1%,  Helped by stronger than expected retail sales, sterling set …

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MMT and US History: Redefining Chartalism

MMT uses chartalism and a few dubious examples to appeal to history to establish the theory‘s authority and validity, only to discard this element as irrelevant and unnecessary.

Read More »

Central Banking and Monetary Affairs in Argentina



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Why Are Yields Surging In Japan?

The short answer is that the Bank of Japan (BOJ) is letting the market set yields. For years, the BOJ has run an extremely loose monetary policy, including capping yields at extremely low levels and negative interest rates. Limited economic growth and disinflation made such a policy possible. However, inflationary pressures and a weak yen …

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The Anchoring Problem And How To Solve It

Market perspective is essential in avoiding investing mistakes. With the media constantly pushing a “Markets In Turmoil” narrative, it’s no wonder that investor sentiment recently reached some of the lowest levels since the financial crisis. The following chart is the z-score of the retail and professional investor sentiment composite index of bullish sentiment. Notably, we …

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Student Loans: A New Sheriff in Town

Forbes called this explosive loan situation, a “perfect storm…of heavier debt loads, higher payments, and an unforgiving economy.”

Read More »

A New Sheriff in Town

Forbes called this explosive loan situation, a “perfect storm…of heavier debt loads, higher payments, and an unforgiving economy.”

Read More »