The United States has been getting its economy in order, creating opportunities for stronger growth and a continuation of its long-running bull market. But, apparently, that’s not enough to prevent…
ECB: Cheap Oil Is the Problem, Not Iran’s Nukes
If the European Central Bank (ECB) is to be believed, the biggest threat from the Middle East is not Iran getting nukes, it’s Saudi oil. What’s the big deal? Saudis…
Bazooka or Blunderbuss?
Any day now, it seems that European Central Bank President Mario Draghi’s full head of hair will migrate to his chin and turn gray, as the central banker morphs into…
Alexis the Not-So-Great
A lot can happen in 2,500 years. Back in its day, Greece ruled the world – albeit, it was a much smaller world. But that was a long, long time…
A Not-So-United Kingdom
“Separation is forever.” …
Mario the Magnificent
It will take more than higher prices to cure what ails the European economy, but Wall Street reacted to the European Central Bank’s inflation-boosting efforts by setting new records yesterday.…
Embrace the Bailout, Reduce the Federal Debt
Finally, the U.S. Treasury Department has figured out a way to reduce the federal debt – by giving money away. That may not make sense, but keep in mind that…
The Economy Is Booming – Unless You’re A Consumer
At least it sounds like good news. The U.S. Bureau of Economic Analysis announced that the economy grew at a rate of 2.84% during the third quarter. That’s up significantly…
The Age of Low Expectations
Observing today’s global economy is like watching Adam Sandler’s best movie. It’s horrible, but it could be worse. Consider what passes for improvement today: Europe is no longer in a…