Articles

Last week, Nancy Pelosi, the Speaker of the US House of Representatives, behaved in the most reckless, irrational manner. She risked World War III just so that she could visit Taiwan. The People’s Republic of China condemned t…

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In just a few minutes, we will get the latest Unemployment Report. For many, this report will indicate that all is well; the labor economy is humming. After all, for four months in a row, Unemployment has registered at 3.6%. Just one tick above the …

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Its name says it all: Covid-19, a disease that began in 2019. And although it didn't hit this country until 2020, still it's starting to show its age. We saw that all yesterday when one of the principal manufacturers for the Covid Vaccine, Moderna, …

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We've all known the type: they always want to pick a fight. Hot tempered, always willing to "settle the score." this kind gives you that shove with the elbow as you're walking by just to let you know they're ready.Our current President, the Scranton…

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Back in graduate school, one of my favorite professors was Dr. Smith. He was also one of the oldest members of the faculty. At the time, he must have been well into his 70s. And so, no doubt, lived through the Great Depression.And so, it was fitting…

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I am writing this today, in response to some of my weekly comments and emails. Universally, they are well versed in economics and finance. And I enjoy reading your thoughts.   So, before I go any further, let me thank you for taking the time …

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July 30, 2022

A Dickens Misery

“Annual income twenty pounds, annual expenditure nineteen nineteen and six , result happiness.Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery” Charles Dickens, David Copperfield Washington …

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Back in the 1980s, there lived a most unlikely sportscaster. Howard Cosell, a lawyer by training, was raised in New York. I doubt that Howard ever passed a football or ran a cross-country race. He was an ungainly figure. Yet h…

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With thanks to Kermit the Frog, he's right, of course. It is not easy being green. To be always upbeat. Yet, for as long as I've known Wall Street, that's how the Street behaves. Green, positive putting their best spin on any forecast.Pressure on th…

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When you launch a ship, you hope for calm seas. When your plane takes off, you hope for fair skies. So it is for the Federal Reserve today, as they continue on their current course of raising interest rates and thereby tightening mo…

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