Tag Archives: business cycle
Earthquake Economics
“The United States of America, right now, has the strongest, most durable economy in the world,” said President Obama, in his State of the Union address, on Tuesday night. What performance metrics he based his assertion on is unclear. But … Continue reading
Good Riddance
High-risk investing is rewarded with higher returns when the financial tide is rising. The vast sea of liquidity hides the hazards and perils of a rock bottom reef. Madmen and lunatics get rich. But when the tide turns…watch out… “You … Continue reading
The Perfect Storm Bearing Down Upon Us
The barbarous relic wasn’t the only thing that got smashed last week. Commodities did too. On Thursday copper fell nearly 2 percent, to its lowest level since 2009. Iron-ore prices also dropped. Oil did too…falling below $50 a barrel. Still, … Continue reading
What Comes After the Boom
Last week Fed Chair Janet Yellen opted to keep the Fed’s zero interest rate policy in place. Wall Street cheered the news and bid stock prices up to near record levels. After more than six years, and over $3 trillion … Continue reading
