Category Archives: Economy
The Prelude to QE4
The U.S. economy officially exited the Great Recession in June 2009. But the recovery hasn’t done much to lift the broad population’s lot in life. Six years into it, and the economy trudges along like a jack donkey up a … Continue reading
Amplified Losses
Federal Open Market Committee meetings are always a spectacle. The forthcoming FOMC meeting, scheduled for September 16 and 17, should be particularly endearing. For despite the Fed’s claim to provide transparency the upcoming policy announcement is cloudier than pollywog stew. … Continue reading
Are You Prepared for a Slow Growth Economy?
When a motor vehicle stalls out it is often because the engine has been overloaded. Parts and components have become worn down – or gummed up. Fuel and electrical systems misfire or no longer fire at all. Sometimes all it … Continue reading
Nothing Fails Like Success
Great wealth, like the seasons, is ephemeral. One generation accumulates it. While another burns through it. The difference is dependent upon whether one has a short or long time horizon. Do they save some seed corn for the next grow … Continue reading