Given our general grumpiness and Chicken Little attitude about current economic policies, you might think we’re not big on giving thanks. Not true. We love Thanksgiving. This uniquely American holiday…
Taperphobia Hits Wall Street
A taperphobia epidemic has Wall Street in a panic yet again. “Taperphobia” is an irrational fear of common sense. Symptoms include a falling stock market, soaring bond yields and ongoing…
Breaking China
If the United States relies on China as its main lender, what happens when China is having difficulties with its debt? We may soon find out. As the Financial Times…
Define “Forever”
In May, when Fed Chairman Ben Bernanke said that quantitative easing could not continue forever, the stock market tanked and the word “tapering” became the most feared word on Wall…
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…