Tag Archives: interest rate
Albert Einstein’s Eighth Wonder of the World
“It’s a stupid way to run a country,” remarked Maya MacGuineas over the Thanksgiving holiday weekend. MacGuineas, head of the Campaign to Fix the Debt, was commenting on Congress’s failure to operate within a budget. “Change comes from two possible … Continue reading
How to Enjoy the Magic of Rising Stock Prices
Let’s begin with the understanding that something delightful is taking place in the stock market. The S&P 500’s up 22.33 percent year to date. What’s more, the S&P 500 just hit a new nominal high of 1,745. Can you believe … Continue reading
Cal Worthington RIP
Today we continue our search for clarity in the muddy waters of economics. We want to know what will happen tomorrow…today. Moreover, we want to consider how to use our estimations of the future to our advantage. One way to … Continue reading
Economic Subsistence
Several weeks ago DOW 16,000 was a foregone conclusion…it was practically guaranteed. Now the DOW’s wildly spiking and diving above and below 15,000. What gives? From what we gather, markets are anxious about what central bankers can and can’t do … Continue reading