Jerry Bowyer is a radio and television talk show host. Mr. Bowyer also serves as the Chief Economist for the BenchMark Financial Network. You can reach him through his web page: http://www.jerrybowyer.com. http://www.townhall.com/columnists/JerryBowyer http://media.townhall.com/TownHall/icons/TH-feed-icon-128x128.gif http://www.townhall.com/columnists/JerryBowyer TownHall.com, Where your opinion counts. 128 Copyright (c) 2013 Townhall.com, A Salem Communications Web. ALL RIGHTS RESERVED jim.dearras@townhall.com (Jim De Arras) Fri, 17 May 2013 04:01:00 GMT Fri, 17 May 2013 04:01:00 GMT http://blogs.law.harvard.edu/tech/rss RSS.NET: http://www.rssdotnet.com/ Tune in to financial TV, read financial news, listen to financial radio and most of what you watch, read and hear is noise. Cable TV increased the number of channels from several to hundreds, and new media increased... http://www.townhall.com/columnists/JerryBowyer/2013/05/17/prosperity-the-three-questions-that-really-matter-n1599108 a0536538-be0b-43c4-ad77-28f5fc5c919f Fri, 17 May 2013 04:01:00 GMT If you pay attention to economic debates you know by now that a celebrity historian named Niall Ferguson made some off-hand comments at a financial conference in which he linked John Maynard Keynes’... http://www.townhall.com/columnists/JerryBowyer/2013/05/15/perhaps-niall-ferguson-had-a-point-about-keynes-n1596823 f1215663-2621-4fde-a722-11165b97cb32 Wed, 15 May 2013 04:01:00 GMT One of the first financial guys I ever met told me confidently “the economy and the markets have nothing to do with one another.” Recently I was interviewing potential new writers for a financial... http://www.townhall.com/columnists/JerryBowyer/2013/05/01/the-economy-has-nothing-to-do-with-the-stock-markets-right-n1583603 23901a17-6280-4703-9dad-ae205d643d2f Wed, 01 May 2013 04:01:00 GMT Previously on Forbes.com I wrote an article critical of a newsletter from John Mauldin in which he questions the link between growth and stock performance. The article uses work by a prominent money manager named... http://www.townhall.com/columnists/JerryBowyer/2013/04/23/does-gdp-growth-predict-the-direction-of-stocks-n1575623 3b073286-c37c-4fb8-bc83-147dbf2bfdcf Tue, 23 Apr 2013 04:01:00 GMT A number of commentators, some of them friends, have been declaring that current stock market valuations prove that the economy is in full recovery. They think that the market reflects high levels of optimism about... http://www.townhall.com/columnists/JerryBowyer/2013/04/09/the-stock-markets-are-forecasting-economic-stagnation-not-recovery-n1561826 5a3bdebd-73a1-41d5-9348-3c57df9e01d4 Tue, 09 Apr 2013 04:01:00 GMT I’ve argued this point before and often investors intuitively get the point better than money managers. For example, the other day I was talking to my cardiologist, and after the examination we were chatting in... http://www.townhall.com/columnists/JerryBowyer/2013/03/28/an-america-in-decline-literally-becomes-the-new-great-britain-n1551288 8dda80ce-7a56-4b3a-b475-3f6952ef3bd8 Thu, 28 Mar 2013 04:01:00 GMT I remember when Cardinal Ratzinger was announced as Pope. It happened while I was on live TV, on CNBC with Larry Kudlow. They cut away from me and the other pundits to a live correspondent, who announced that the... http://www.townhall.com/columnists/JerryBowyer/2013/03/15/is-jorge-bergoglio-the-new-pope-francis-a-capitalist-n1534910 86022ddf-f7a8-445f-bd27-31338636693d Fri, 15 Mar 2013 04:01:00 GMT John Mauldin has become a financial celebrity. His blast email empire has grown to roughly 1.5 million recipients. He has used the latter to launch fee-based (between $150 and $200 per year) subscription... http://www.townhall.com/columnists/JerryBowyer/2013/03/10/john-mauldins-muddled-stock-return-model-n1530062 a3a08b2d-0df8-4122-823f-ff55c2eb9f0e Sun, 10 Mar 2013 05:01:00 GMT The stale old stock pickers’ debate about whether to bet on the right jockey or the right horse might leave out the most important long-term factor for building a diversified portfolio…you just might do... http://www.townhall.com/columnists/JerryBowyer/2013/03/02/when-investing-pay-close-attention-to-country-over-company-n1524298 c6f11b8c-0cf5-4ea5-9b55-aff70a7a63b8 Sat, 02 Mar 2013 05:01:00 GMT The first thing to do is to admit that I’m a Downton Abbey fan. In fact, I’ve watched every episode twice. But in my defense, I counterbalance my Downtonviewings with at least one hour spent with my... http://www.townhall.com/columnists/JerryBowyer/2013/02/15/down-on-downton-why-the-left-is-torching-downton-abbey-n1513100 dbfef5a9-92a5-4b51-a8f5-2def64765ce7 Fri, 15 Feb 2013 05:01:00 GMT We've had a wide variety of conservative: the neo-cons, the paleo-cons and most recently the crunchy cons. Have you ever noticed how many of the most prominent conservative voices in America sound more like liberals? I... http://www.townhall.com/columnists/JerryBowyer/2013/02/01/kept-conservatives-prominent-rightwingers-who-sound-very-liberal-n1502585 9049539a-71df-4149-95c1-1a0c8ef0e15c Fri, 01 Feb 2013 05:01:00 GMT Angelo Codevilla has spent more than his share of time as a sojourner among America's ruling class. He was a key part of the Reagan transition and point-man in the Gipper's efforts to transform both the foreign and the... http://www.townhall.com/columnists/JerryBowyer/2013/01/22/is-president-obama-liberalisms-gorbachev-n1494253 52947286-f83b-4fb9-b98a-688562a57078 Tue, 22 Jan 2013 05:01:00 GMT The fiscal cliff debacle showed conclusively that the GOP establishment is a completely ineffective guardian of our liberties against President Obama and the Washington ruling class. Forget fantasies about reversing the... http://www.townhall.com/columnists/JerryBowyer/2013/01/18/the-republican-fiscal-cave-is-much-worse-than-the-fiscal-cliff-n1491940 717ca96d-ec23-4570-9a09-400a0c41cba6 Fri, 18 Jan 2013 05:01:00 GMT I take my political debates into the movie theatre with me. Suspend disbelief? That I can do. Suspend political/cultural/religious debate? Never. It's probably a good idea to let go once in a while, but just because... http://www.townhall.com/columnists/JerryBowyer/2013/01/12/law-and-grace-in-best-picture-nominee-les-miserables-n1487623 c86c8af1-cbbb-4134-b3e2-54bf974f5caa Sat, 12 Jan 2013 05:01:00 GMT Herbert E. Meyer served during the Reagan administration as special assistant to the director of Central Intelligence, and vice chairman of the CIA's National Intelligence Council. He is widely credited as having been... http://www.townhall.com/columnists/JerryBowyer/2013/01/04/the-next-big-thing-from-the-official-who-predicted-communisms-demise-n1478737 42aa4a32-ff4b-4cf8-ac10-f17cdc14f798 Fri, 04 Jan 2013 05:01:00 GMT Since you ask me what I wish, gentlemen, that is my answer. I don't make merry myself at Christmas and I can't afford to make idle people merry. I help to support the establishments I have mentioned: they cost enough:... http://www.townhall.com/columnists/JerryBowyer/2012/12/25/how-charles-dickens-put-holly-branch-through-the-heart-of-the-worst-economics-ever-n1473706 cb226d96-7f20-4d52-89b4-7621b0bce491 Tue, 25 Dec 2012 05:01:00 GMT y wife and I took most of our kids to the first showing of The Hobbit at our local theater Friday morning. All but one of us was already a fanatically patriotic citizen of the Shire long before this movie, and all of us... http://www.townhall.com/columnists/JerryBowyer/2012/12/19/peter-jackson-is-hobbit-forming-how-a-halfling-becomes-a-man-n1469944 22c3bac9-a341-4468-9a2d-95031995f9fc Wed, 19 Dec 2012 05:01:00 GMT Do deficits matter? Conservatives have sometimes claimed that they don't. Dick Cheney has said on more than one occasion that, "Reagan taught us that deficits don't matter." In fact, he said that to me personally... http://www.townhall.com/columnists/JerryBowyer/2012/12/15/dont-cave-gop-this-time-deficits-do-matter-n1467517 5f3e8789-2ce6-4b06-8cd0-3e223d87181b Sat, 15 Dec 2012 05:01:00 GMT Several years ago my wife and I made a decision - we decided to skip The Christmas Thing. Not all of Christmas, mind you, but all the parts which stress everyone out, but nevertheless don't seem to do anyone any... http://www.townhall.com/columnists/JerryBowyer/2012/12/07/do_yourself_a_favor_and_voucherize_the_christmas_thing 61ccb3be-99ef-4e7d-a495-2661146eaf6d Fri, 07 Dec 2012 05:01:00 GMT Warren Buffett has released his annual encyclical on the need to raise taxes for the wealthy, from theNew York Times, the de facto cathedral of the Church of Enlightened Envy. As usual the arguments make no sense, and... http://www.townhall.com/columnists/JerryBowyer/2012/11/30/when_warren_went_left_the_ideological_seduction_of_warren_buffett b8537d6d-5467-41ec-ab05-dd95fc000f71 Fri, 30 Nov 2012 05:01:00 GMT It's wrong to say that American was founded by capitalists. In fact, America was founded by socialists who had the humility to learn from their initial mistakes and embrace freedom. One of the earliest and arguably most... http://www.townhall.com/columnists/JerryBowyer/2012/11/23/how_a_failed_commune_gave_us_what_is_now_thanksgiving 97c62af5-eb89-4787-93da-aeb8fadd67c1 Fri, 23 Nov 2012 05:01:00 GMT Since the Romney/Ryan ticket's loss last Tuesday, the Republican Party has been going through a period of soul searching. Much of that is useless propaganda about how the party needs to move to the 'center' (whatever... http://www.townhall.com/columnists/JerryBowyer/2012/11/17/the_republican_party_needs_a_reset_on_immigration 41b77e80-6e72-46fc-aaff-4ae5d6108026 Sat, 17 Nov 2012 05:01:00 GMT It's 4:30 in the morning, and I'm awake and I'm thinking about my country. Praying even. Out of bed; go downstairs; confirm what I suspected when I went to bed at 9 last night, that Obama and indeed won reelection;... http://www.townhall.com/columnists/JerryBowyer/2012/11/08/an_investors_manifesto 437c6f83-27ac-4e62-8dd0-958665c3e744 Thu, 08 Nov 2012 05:01:00 GMT "Everyone then who hears these words of mine and does them will be like a wise man who built his house on the rock. And the rain fell, and the floods came, and the winds blew and beat on that house, but it did not... http://www.townhall.com/columnists/JerryBowyer/2012/11/03/forget_about_the_elections_what_does_hurricane_sandy_reveal_about_us 94e78847-4be3-4cf3-9596-547bfe641b47 Sat, 03 Nov 2012 04:01:00 GMT Mr. Romney, here is the low point of your participation in this week's foreign policy debate: SCHIEFFER: Well, Governor, let me just ask you. If you declare them a currency manipulator on day one, some people are - say... http://www.townhall.com/columnists/JerryBowyer/2012/10/27/mitt_romney_is_tough_on_china_weak_on_reality 19d6b7f6-4118-4692-bf28-dc5ede0df1b6 Sat, 27 Oct 2012 04:01:00 GMT Setting aside the nostrum that this election is unique in modern times and probably the most important of our lifetimes, a trope which is repeated every four years, what you and I saw on Tuesday had almost nothing to do... http://www.townhall.com/columnists/JerryBowyer/2012/10/20/what_debate_obama_v_romney_was_incumbent_alpha_v_challenge_alpha 8e565af3-6e16-40a8-a11e-ef883722e849 Sat, 20 Oct 2012 04:01:00 GMT Last week, I began to make the case that the investors should pay far more attention to the country environment in which prospective companies are domiciled than they, and Wall Street commonly do. Some got it; some... http://www.townhall.com/columnists/JerryBowyer/2012/10/12/memo_to_investors_bernanke_and_obama_are_your_business_partners 2b983560-6cbd-49d5-b23d-edaf939e15b4 Fri, 12 Oct 2012 04:01:00 GMT Why countries, not companies?" That's the question that a colleague put to me early this week. He had seen the work I've spent the last few years doing, which values stocks and bonds based on their country of domicile,... http://www.townhall.com/columnists/JerryBowyer/2012/10/04/when_investing_why_i_pick_countries_over_companies fb75ff3c-7fc9-41e1-8560-fdb9e62db320 Thu, 04 Oct 2012 04:01:00 GMT Last week the Fraser Institute released the latest update of its Economic Freedom of the World report, and the news is bad for America. We are now ranked 18th from the top, just behind Bahrain and just ahead of Quatar.... http://www.townhall.com/columnists/JerryBowyer/2012/09/28/americas_neck_and_neck_struggle_with_bahrain_is_settled__we_lost 4484f6f2-669c-4357-bd7d-c00ce9e17c7a Fri, 28 Sep 2012 04:01:00 GMT Latinos are religious, morally conservative and tend disproportionately to join the military. They also tend to be hard working and entrepreneurial. Do we really have too many of them? Do we really want to pack... http://www.townhall.com/columnists/JerryBowyer/2012/09/11/earth_to_conservatives_immigrant_amnesty_is_a_conservative_policy 6128817b-98d4-482f-af40-70218f3b57b1 Tue, 11 Sep 2012 04:01:00 GMT On Wednesday evening former Secretary of State Condi Rice picked a fight with a large and vocal section of the Republican base, and I'm glad she did. This confrontation is long overdue. Zero-tolerance law-and-order... http://www.townhall.com/columnists/JerryBowyer/2012/09/04/condoleezza_rice_is_right_about_immigration_and_the_nostalgists_are_wrong 71a76f35-2a84-4d2f-8f7c-0003d85141af Tue, 04 Sep 2012 04:01:00 GMT You've seen the gold commercials. You've heard the commenters and prognosticators. They've told you (correctly) that the U.S. central banking system has increased the monetary base of the United States at a pace... http://www.townhall.com/columnists/JerryBowyer/2012/08/11/wheres_the_hyperinflation 2128ba89-7d1e-4ffa-b05d-ac4c91d70719 Sat, 11 Aug 2012 04:01:00 GMT July 31st was Milton Friedman's 100th birthday, and his birthday present is to watch the 'European Project' come crashing to the ground, just as he predicted that it would. I doubt that it gives him any pleasure. In... http://www.townhall.com/columnists/JerryBowyer/2012/08/03/happy_birthday_milton_friedman_the_european_crisis_is_your_latest_vindication d79532dd-15b4-409f-aacc-b977267300ae Fri, 03 Aug 2012 04:01:00 GMT The third film in the Batman series is a direct polemical assault on the French Revolution and its political heirs, which includes Occupy Wall Street and perhaps Barack Obama. I would say that it is the exact opposite... http://www.townhall.com/columnists/JerryBowyer/2012/07/27/why_batmans_the_dark_knight_rises_is_an_instant_conservative_classic 82603e07-18ed-4914-9ace-7b98e6c342c5 Fri, 27 Jul 2012 04:01:00 GMT In The Dark Knight series, an elected official suggests that the city intends to arrest Batman. A female cop watching the television turns to a middle-aged detective and says something like, "The man says you're closing... http://www.townhall.com/columnists/JerryBowyer/2012/07/20/the_politics_of_batman_the_dark_knight_of_the_soul_rises 896d3c28-e4cb-49e2-bd39-5fbf4fbd34f2 Fri, 20 Jul 2012 04:01:00 GMT Alexis De Tocqueville once said that the limits placed on the central power in the new world are different from the limits placed on national power in the old world. In the New World, the national government has... http://www.townhall.com/columnists/JerryBowyer/2012/07/10/july_4th_question_part_iii_americans_revolt_billions_of_times_a_day ce20ff82-e6e0-4c1a-aca5-3d38cfe9d39e Tue, 10 Jul 2012 04:01:00 GMT Let's start with a shocking, but true premise: If you are a patriotic American, you believe that there are circumstances under which it is right to take up arms against your own government. That statement feels wrong... http://www.townhall.com/columnists/JerryBowyer/2012/07/05/the_july_4th_question_236_years_after_the_first_revolution_is_it_time_for_a_second ceda2ebd-9c44-4d79-8926-5e4c5f2e7fb0 Thu, 05 Jul 2012 04:01:00 GMT It's odd how many people take my skepticism about college and try to twist it into an opposition to learning. But like the quote often attributed to Mark Twain, "I never let schooling interfere with my... http://www.townhall.com/columnists/JerryBowyer/2012/06/24/with_traditional_schooling_increasingly_obsolete_how_to_learn_without_being_taught 7927972c-7faf-4b1a-a4a0-77ecbe6f539b Sun, 24 Jun 2012 04:01:00 GMT Ridley Scott likes to think big thoughts, and he likes to put them into big movies. It seems as though he's decided to put all his biggest thoughts into his latest big movie. The result is Prometheus, which is the name... http://www.townhall.com/columnists/JerryBowyer/2012/06/14/the_politics_of_ridley_scotts_blockbuster_film_prometheus 501743be-97c2-4ba1-ac52-87358f827b51 Thu, 14 Jun 2012 04:01:00 GMT Investments get to be bubbles partly because investors widely believe there is no alternative on which to spend their money. Dotcoms were seen as the only real growth play, so shareholders hung in there even after it... http://www.townhall.com/columnists/JerryBowyer/2012/06/08/how_the_bowyer_family_played_the_college_tuition_bubble 4e0e1da7-52f5-4ccc-834f-1af6b0b7e227 Fri, 08 Jun 2012 04:01:00 GMT A few years ago, frustrated with the low quality of economic discussion in our nation, I decided that I needed to do something about it. As I did not have the power to cajole the whole country into listening to me, I... http://www.townhall.com/columnists/JerryBowyer/2012/05/10/god_and_economics_the_video_how_sound_economic_policies_lead_to_prosperity c8797d76-ff93-498b-83ce-da79e1bfc649 Thu, 10 May 2012 04:01:00 GMT I am America's amygdala. I reside in the temporal lobe of the human brain, near the hippocampus. There are two of me in each normal human brain, and we are both shaped like an almond, after which we are named. I am part... http://www.townhall.com/columnists/JerryBowyer/2012/05/04/i_am_americas_amygdala bd37fe74-3162-4bfd-8733-dfe4ec0e3266 Fri, 04 May 2012 04:01:00 GMT In my last installment in this series I argued that talk show host Glenn Beck was raising legitimate concerns about the state of the nation, but that he had a history of predictions of imminent disasters which did not... http://www.townhall.com/columnists/JerryBowyer/2012/04/28/glenn_beck_national_decline_and_the_story_of_the_roman_empire 34d532f3-c0ab-4fad-8ed5-a109d6316f78 Sat, 28 Apr 2012 04:01:00 GMT Glenn Beck's analyses of the history of authoritarian movements has many people concerned, and justifiably so. Most recently Beck has been laying out the ways in which the progressive movement in the U.S. has been... http://www.townhall.com/columnists/JerryBowyer/2012/04/14/two_cheers_for_glenn_beck_with_some_reservations 0d565670-2902-4fac-80aa-8f1992081471 Sat, 14 Apr 2012 04:01:00 GMT I've known Rick Santorum for 22 years, having first met him in 1990 before he'd won his first campaign for Congress. I interviewed him on WORD-FM, an evangelical Christian radio station where I was a frequent guest host... http://www.townhall.com/columnists/JerryBowyer/2012/04/05/problems_with_the_truth_confessions_of_a_22year_rick_santorum_observer 3b097775-1c4d-406f-ad4f-6157b123a39a Thu, 05 Apr 2012 04:01:00 GMT In the previous article in this series I pointed out that even after recent dramatic sell-offs gold prices are still higher than one would expect if one saw them as being driven only by money creation. And this state of... http://www.townhall.com/columnists/JerryBowyer/2012/03/31/gold_money_creation_and_the_monetization_of_debt d67767f5-ad2c-4f15-9bb0-1820a7fe1f0c Sat, 31 Mar 2012 04:01:00 GMT Last August I wrote a short series for Forbes.com on valuation techniques for gold, (Some Thoughts For The Gold Bulls, The Case Against Buying Gold, and At $1,850/Ounce, Does Gold Still Glitter?). At the time I... http://www.townhall.com/columnists/JerryBowyer/2012/03/23/what_gold_sees_and_ben_bernanke_does_not 1a507f90-043d-44cd-93f9-0d157f2bcfe2 Fri, 23 Mar 2012 04:01:00 GMT In a previous column, I took the President to task for his repeated use, most recently in his speech at the National Prayer Breakfast, of the phrase "my brother's keeper" in support of his fiscal policies. That column... http://www.townhall.com/columnists/JerryBowyer/2012/03/09/my_brothers_keeper_answering_my_critics_and_obamas_defenders cdb87ead-a38b-43e1-9ae8-3e16ec9706d1 Fri, 09 Mar 2012 05:01:00 GMT The great Austrian School economist Friedrich Hayek had an important insight in Prices and Production which should cause us to be on the lookout for some severe economic pain. He wrote that one of the signs of excessive... http://www.townhall.com/columnists/JerryBowyer/2012/03/03/the_price_of_low_interest_rates_weaker_economic_recoveries 53dd2317-6051-4f86-9800-470f57b65e0a Sat, 03 Mar 2012 05:01:00 GMT In the outstanding 1980s miniseries about the development of the first atomic bomb, Day One, the Hungarian physicist Leo Szilard is quoted as saying that he always keeps his suitcases packed and at the door. Szilard had... http://www.townhall.com/columnists/JerryBowyer/2012/02/24/what_is_the_liquidity_premium_what_does_it_mean f76459c4-0ede-4cf7-9917-65aef7dcc836 Fri, 24 Feb 2012 05:01:00 GMT