Category Archives: Economics

Coronavirus: Indicators of its Global Economic Impacts

Introduction It is far too early for definitive statements on the impact of the virus. So in what follows key questions are raised with relevant data offered to provide some sense on the magnitude of the hit. How Long Will … Continue reading

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Financial Services: Like the Entertainment and Gaming Industries?

Introduction In a recent reading of Validea’s Guru Investor Blog, a quote from Georgetown University finance professor James Angel struck home to me: “One of the open secrets of the financial-services world is that we’re also in the entertainment and … Continue reading

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Rand Paul – This Budget Deal Is a Disaster

Introduction Here is what Paul said: We spend too much money and borrow too much money. And, actually, we’re going to bring back Obama era deficits. I was elected to combat Obama era deficits. I remember running for office and … Continue reading

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Blockchains – What Are They? What Can We Expect?

Introduction I know very little about blockchains (BC), distributed ledger systems, and crypto-currencies such as Bitcoin. But I am a bit dumbfounded by the claims of what “the BC era” will bring. In what follows, I comment on some of … Continue reading

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Bank Regulations – Why the Current Approach Will Fail

Introduction The 2008 banking collapse, leading to the most severe recession since 1929, prompted a wide-ranging set of efforts to insure it did not happen again. These actions have included requiring banks to hold larger cash balances and more precise … Continue reading

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Why You Should Be Holding Chinese Equities

Introduction In a recent piece, I made the case for investing in emerging markets. Upon further reflection and research, I make a more specific recommendation: you should hold Chinese equities in your portfolio. Details of my reasoning and specific investment … Continue reading

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The US Has Been Running a Huge Trade Deficit for Years: How Can This Happen Without the Dollar Weakening?

Introduction Many bemoan the large US trade deficit which represents the difference between the export and import of certain goods and services. Since 2000, the US has run an annual deficit ranging between $362 Billion (2001) and $762 billion (2006). … Continue reading

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Eisenhower Was Right: The Military-Industrial Complex Poses a Real Threat

          In the 20th and 21st Centuries, the US has been at war far more than any other nation. And recently, US wars appear to be increasingly unfocused and unproductive. Back in 1961, Eisenhower warned about … Continue reading

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New Technologies, Automation and the Future

Introduction In recent postings, I have joined many others in speculating on what effects the information revolution will have. Already, its impact has been tremendous. Its effects include: The elimination of a huge number of jobs lost in both service … Continue reading

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Investing in a Dangerous World

Introduction The Federal Reserve’s low-interest rate policy has eliminated the retirement income of many. What to do? I don’t believe in picking stocks. I take to heart the hypothesis of Paul Samuelson that new information on companies is almost instantly … Continue reading

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