As it looks as though a recession may be looming on the horizon, many investors are concerned about the depth and duration of a potential economic pullback. No two recessions are exactly alike, but it’s worthwhile nonetheless to take a look at what got our economy into the worst one ever in our history. Vulnerabilities:
WHAT LED TO THE GREAT DEPRESSION OF 1929? Read More »
Across the rich world inflation is raging by about 9% year on year. This constitutes the highest rate of inflation the rich world has seen since the early 1980’s. The last time inflation was this high, it ran for about sixteen years from its inception in the mid 1960’s to the recession in 1983. But
THE WAR AGAINST INFLATION Read More »
From the day it was first written, the Declaration of Independence went through quite a journey to reach the place where it resides today. In that it constituted a death warrant for all those who signed it, the protection and preservation of it maintained a higher priority for the Continental Congress and the founding fathers
HOW WAS THE DECLARATION OF INDEPENDENCE PRESERVED? Read More »
The key to any investment begins with the potential investor coming up with a supply of available money. Often this occurs with a windfall such as a tax refund, an inheritance, or a bonus at work, etc. But what if a potential investor doesn’t have any of these windfalls? How can a potential investor get
SAVINGS: THE MOTHER OF INVESTMENT Read More »
Prior to the onset of the Covid-19 Pandemic, the trend in managing business inventories throughout most sectors of the economy had gravitated towards what’s known as “just in time,” meaning that smaller levels of stock were maintained that provided just enough product to meet demand. The goal was to receive merchandise just as it was
HOW BUSINESSES MANAGE POST PANDEMIC INVENTORIES Read More »
Inflation is upon us, and it won’t be going away very soon, echoes the sentiment in Washington D.C. as the Federal Reserve sets out to combat it. Whenever inflation passes above 4% and unemployment falls below 4%, the U.S. economy has gone through a recession, as per Lawrence Summers, Harvard professor and former Treasury Secretary.
IS THE NEXT U.S. RECESSION JUST AROUND THE CORNER? Read More »
Since Vladimir Putin became president of Russia in 2000, he has been obsessed with how he is portrayed in the Russian media. He purportedly would routinely spend evenings carefully watching how the media covered him personally as well as his actions and policies. From the early days, he took steps to place Kremlin control over
THE UKRAINE WAR AS TOLD TO THE RUSSIAN PEOPLE Read More »
The most recent of a spate of shootings in the United States took place in the small, southwestern town of Uvalde, Texas, where nineteen elementary school children and two teachers were senselessly murdered on May 24, 2022. The gunman was a teenager who bought military grade firearms and as many as 350 rounds of ammunition
ARE AMERICA’S GUN LAWS TOO LAX? Read More »
The era of easy money is coming to an end thanks to a combination of geopolitical events that have spurred a wild rush of inflation. Central banks in many parts of the world are already beginning, or are set to begin, tightening cycles, designed to quash this inflation. The demand for housing has held up
COULD THERE SOON BE ANOTHER GLOBAL HOUSING CRISIS? Read More »
Investors as well as central bankers have been lulled into complacency by forty years of controlled inflation coupled with major economic growth. It’s possible that policy makers were hesitant to react when inflation started up with a vengeance about one year ago. But for many months since that time, it appeared that the Federal Reserve
DID THE FED BLUNDER WITH ITS INFLATION POLICY? Read More »