Our past two posts addressed causes of the Great Recession and how it was addressed. Today, we look at lessons learned from the crisis. It’s easy to forget what happened…
Addressing a Debt Crisis with More Debt
Last week, we discussed causes of the Great Recession. Today, we look at how it was addressed. The financial crisis was essentially a debt crisis. Mortgagees were unable to pay…
What Caused the Great Recession?
A decade after the collapse of Lehman Brothers, many are referring to this month as the 10th anniversary of the Great Recession. That’s a bit misleading, as the demise of…
Socialism by Any Other Name
Democratic socialism is in vogue. That’s troubling. U.S. Senator Bernie Sanders, who ran against Hillary Clinton in the Democratic primary, calls himself a Democratic socialist. So do New York Congressional…
“Single Payer” Means We All Pay
There is no such thing as single-payer healthcare. It’s really healthcare that everyone pays for. The federal government would be the “single payer,” but of course it’s taxpayers who fund…
Investing in an Aging Bull Market
Writing about the longest bull market in history, we noted yesterday that bull markets don’t last forever. Some, such as LPL Financial, believe the bull market still has years to…
The Oldest Bull Ever
This month, the U.S. stock market set a record for the longest bull market in history. How much longer can it continue? The bull market, which celebrated its ninth birthday…
Tesla: #260 on Fortune 500, #1 for Entertainment
Yesterday we looked at the 2018 list of Fortune 500 companies and decided that today we would focus in on the one that took the greatest leap forward, since it’s…
Walmart Tops Fortune’s List of Largest U.S. Companies … Again
The Fortune 500 is to Fortune magazine as the Indianapolis 500 is to Indianapolis. Mention Fortune and most people will immediately think of the Fortune 500 list of America’s largest…
Not All Fed Governors Concerned About Inverting Yield Curve
In our last post, we noted that the yield curve is close to inverting, which is usually a sign that a recession is coming. We also said that actions of…