Economy
Biden's Double-Minded Recovey Plan
Stimulus or restraint? that's the question.
Read moreTrade Policy Is Crushing Stimulus
How we trade away more than the stimulus provides.
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Trump and Biden: A look At The Two Stimulus Plans
Today Jerome Powell, Chairman of the Federal Reserve will answer questions on the first major Stimulus Plan.
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At The Equinox: Everything In Balance?
A time to celebrate the coming of warmer weather and spring flowers. But not on Wall Street.
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We've Found The Epicenter Of Unemployment.
Florida is a particularly pertinent example. Florida has remained open during the entire pandemic, and currently has an unemployment rate below 5%. That's about half of California's Unemployment Rate.
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What's A “Correction” Really Mean?
A real correction in the stock market is about changing the way we do business. Correcting the excesses of times past. Working through the bad times that are going to hit, and working toward a better more viable economy.
Read moreFed Chair Powell: A Team Player
Yesterday, Chairman of the Federal Reserve Board, Jerome Powell began the first of his two part testimony before Congress. Yesterday, before the House Committee on Financial Services, today before the Senate Banking Committee.
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John Maynard Keynes Endorses BREXIT.
So, John Maynard Keynes, the iconic economist of the left, would see Brexit as pretty close to the ideal family of nations. One in which “Ideas, knowledge, science, hospitality, travel--” flow freely among countries. But, according to Keynes, Quote: “let goods be homespun whenever it is reasonably and conveniently possible, and, above all, let finance be primarily national.”
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Trouble With Dr. Copper?
Copper is one of, if not an essential component for much of manufacturing. In fact many analyst and economists look to Copper as a harbinger of the future of global industrial production. Copper has proven to be one of the best early warning signs of any significant down turns in factory production. So its move over the last 9 days has to be disconcerting to say the least. In a little over a week, the price of Copper has declined over 10%.
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How The Fed Is Managing The Economy.
Today the Federal Reserve Open Market committee, the Central Bank's chief interest rate setting body, will conclude their 2 day meeting. There will be 8 of these meetings scheduled throughout the coming year. And this is the first one.
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