Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.

More From RenMac

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    RenMac: Deficit Risks in a Full-Employment Fiscal Expansion Phase

    What matters for stocks going forward is if earnings are growing faster than nominal rates. That’s happening. So, we still think the outlook for stocks is positive, albeit not as positive as it was when rates were low.

    By RenMac
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    Macroeconomic Analysis

    Bitcoin Is Broken as a Medium of Exchange

    It is ironic that CBOE will launch futures on bitcoin (the currency) on Sunday of the very week that bitcoin (the blockchain) demonstrated how clearly it is broken.

    By RenMac
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    RenMac Economic Daily: Factory Employment Takes Off

    Private non-farm payroll employment rose 190,000 in November following a gain of 235,000 in October.

    By RenMac
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    RenMac: Bitcoin Is No Better than Bearer Bonds

    If bitcoin is to be more than a bandwagon, it has to have utility as a medium of exchange or store of value.

    By RenMac
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