Joe Biden formally announced parts of his economic policy on July 9th. His policies are listed here. As I have said before, I’m not a supporter of extreme left or right policies. I’m far more a centrist that believes in smaller government. So I’m not
Remember Enron, Bernie Madoff, Worldcom… In what has to be a colossal poster child for how laughable the audit process can be, Ernst & Young, accused their client Wirecard of “an elaborate and sophisticated fraud” that allowed more than $2 billion to go missing. E&Y
It’s important to understand what happens to profit margins in a recession. And make no mistake, we are very early in the recession that will most likely last well into 2021 in a best-case scenario. The hope for recovery based on record amounts of liquidity
Ronald Reagan was shot 69 days after inauguration. The former Screen Actors Guild liberal leaning union leader turned conservative used the massive sentiment of the event as a catalyst to launch the Reagan Revolution. He boosted military spending, cut taxes, reduced federal spending, and reduced
As a thoughtful libertarian from the Austrian school of economics I believe governments participation in the economy should be minimal. Limited to creating an equal opportunity playing field for all (not equal outcome) and help set the rules for the pursuit of happiness. I adore
China’s desire to be the number one economy in the world started long before Donald Trump shook his finger at China. President Trump is a master at many things. He’s the best at fighting with people. By suggesting China lied to the world about COVID-19,
I’ve written about the Value Line Geometric Average before and what it represents. I recommend readers review the following to get a better understanding. The geometric average better represents the realized return that most investors experience from the average stock. For the US markets, the
Super Tuesday March 3 is the big primary kick-off for candidates in the democratic leadership race where about one-third of delegates are decided. With Buttigieg dropping out Sunday night (and Steyer on Saturday), it appears that the motivation was to help Biden on Super Tuesday. DJT
I’ve read several research reports in the past weeks about the COVID-19 impact on supply chains and the human toll. We are all guessing—educated guesses, but guesses nonetheless. We learn a valuable lesson from Nate Silver’s book The Signal and the Noise about prediction of
When money comes out of equity markets it typically goes into (the relative safety) of fixed-income markets. The flight to safety (historically) is generally into G7 debt markets and the strongest and larger economies of the US, Germany, and Japan. Switzerland, not an official G-20