Articles
Selected category: US Govt and Economy
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Amazon Is Getting on My Nerves
It’s been a year since Amazon began its “secretive” review of a location for its second major operating headquarters. And, it has now reached the absurd. At first it was fun trying to psych out the location and then... Read →
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The Caravan – Tragic but Brilliant
While the Republicans make noises about deep-pocket Democrats seeding dissent and organizing protests in Central America, imagine for a moment what is really happening. And what is happening is very simply one of the most well planned and... Read →
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Long Island City Gets Amazon; Alexandria Ocasio-Cortez and Other Protestors Misguided
I live in New York and have for many years. I have been a big beneficiary of the fact that this City, under Michael Bloomberg’s and Bill De Blasio’s leadership, has attracted Google and now Amazon to make major investments... Read →
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The Joke is on Me and Lots of Others
Georgia's election outcome and the Brian Kemp systematically disenfranchised votes shows that Georgia is not everything we had hoped.
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A Royal Marriage Truly Worth Celebrating
Like many Americans who have lived and spent time in the UK, I have never been able to relate to the reverence or the relevance of the royal family. It has been even tougher to understand how people in such distant lands (such as parts of... Read →
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Ignore the Know-Nothings Pushing Emerging Markets Now More than Ever
Every couple of hours, CNBC brings in a money management type to ask them what they are buying (and selling). Anyone who has been watching CNBC for more than a decade knows that this is a good time to hit the mute button. Sometimes,... Read →With recessionary forces fighting against inflationary forces, central bankers in the US and Europe don't know what to do, so they aren't doing anything.
Read →The Federal Reserve Bank of Minneapolis President Gary Stern gave a speech saying that the current economy is similar to the US economy in the early 1990s. He believes some parallels can be drawn. There are similarities, but also differences.
Read →Bloomberg reports that house prices have climbed in Cleveland for the first time in several years. That's the good news. The bad news: prices had to fall to 2000 levels before buyers returned to the market.
Read →Markets were gearing up for some type of interest rate hike later in the year in response to inflation pressure. The latest financial sector problems may have put those hikes on hold.
Read →Over the last couple of weeks it's become clear that we are entering a new period of staglation, that horrible condition of low growth and rising inflation that characterized much of the 70s.
Read →The tale of the economy over the next couple of years is really a test of the theories of John Maynard Keynes, the father of deficit spending, or Milton Friedman, the Novel Laureatee, who believed that inflation was a monetary phenomenon. Bernanke has thrown his lost with Keynes.
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