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Louis Woodhill

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The U.K. Elections, Not U.S. Jobs, Caused the Market Rally - Array

U.S. stock markets jumped for joy on Friday, with the Dow up almost 1.5%. However, this was not because of the April employment numbers, which were mediocre at best. No, the U.S. market...

What Stimulates More? Tax Cuts or Spending Reductions? - Array

The late, great supply-sider Jude Wanniski long ago invented The Two Santa Claus Theory of political economy. Wanniski's view, one held by many supply-siders to this day, was that...

Friday's Market Plunge Shows Us What's Wrong With the Fed - Array

The financial markets' violent reaction reacted to Friday's "Employment Situation" report from the Bureau of Labor Statistics (BLS) highlighted everything that is wrong with the Federal...

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