Next week we will end the 3rd quarter of the year. Combined with the quarter before, this has been the most tumultuous time in our economy in anyone's living memory.
Beginning last March, State and local Governments began to shut down entire sectors of the economy, in response to the spreading Pandemic.
This resulted in the biggest drop in our nation's output ever recorded. Shattering all records, including the records of the Great Depression of the 1930's this presented a real challenge for the two principal economic models that are designed to keep track of such things.
Both models are designed, and published by two Regional Branches of the Federal Reserve Board. The oldest model is the Nowcast of the Nations Gross Domestic Product, the broadest measure of the economy. And the most recent new model is the GDP Now Model presented by the Atlanta Fed.
The Big Four American Banks: Wells Fargo, Citigroup, Bank of America, and JP Morgan Chase, are the beating heart of this country's financial system.
They are the primary instruments through …
While the rest of the world was preoccupied by the happenings in Washington this weekend, the Peoples Republic of China put up some economic numbers that were simply stunning, and …
America's Vision of Globalism goes back at least a hundred years to the Presidency of Woodrow Wilson, and his League of Nations. An effort to bring peace to the world after the destruction …
The action this week by Big Tech, Google, Twitter, Facebook, Amazon and the rest, have created the best environment for startups in a generation. Empowered their competition. And likely …
Bull markets have leaders. Innovative companies that lead the country into a new economy, and who's stocks power the market to higher and higher …
How Much does it cost to censor a sitting President? About $4 ½ billion dollars. At least that was the market value lost by Twitter after they had …
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