bears-are-taking-over-the-options-market

Bears Are Taking Over The Options Market

Bears Are Taking Over The Options Market The bears are taking over the equity options market. As Bloomberg markets live reporter and commentator, Cormac Mullen, details, the 10-day moving average of put options traded in the US stock market – a gauge of speculative downside protection bets – has pushed above the equivalent for bullish…

bad-explanations-for-inflation

Bad Explanations for Inflation

While decomposing inflation into its constituent parts is empirically tricky, its essence is simple. Inflation results from too much money chasing too few goods. Milton Friedman popularized this rule of thumb. Its combination of intelligibility and explanatory power explains why it’s still widely used. But not everyone got the memo. Politicians, bureaucrats, journalists, and Very…

russian-success-in-the-donbas-accelerates

Russian Success in the Donbas Accelerates

When the uber neo-con Institute for the Study of War is conceding, reluctantly, that Russia is carving up the Ukrainians in the Donbas, it is an unmistakable sign that something big is up. Here is the ISW’s spin: Reinforced Russian air-defense systems in eastern Ukraine are increasingly limiting the effectiveness of Ukrainian drones, undermining a…

forget-retirement:-older-f-22-raptors-could-be-upgraded

Forget Retirement: Older F-22 Raptors Could Be Upgraded

No F-22 Raptor Retirements? The U.S. House and Senate Armed Services Committees are working to mandate the Air Force to upgrade its fleet of F-22 Raptor fighter jets. The Air Force sought to retire the older-model airframes, pointing to the fleet’s expensive maintenance and diminishing value to justify its rationale. Chairman of the House Armed Services…