The world is slowing down. No country escapes a recession forever, whether your country is capitalist or socialist or something in between. Communist and fascist countries are generally in a…
Winter Is Still Coming
A previous post was based on the phrase, “Winter is coming,” made popular by “Game of Thrones.” Our point was that, just as “winter is coming,” so is a recession…
Economic Cycles Are Not Extinct
With the current recovery stretching to 113 months, it’s easy to forget that the economy is, and always has been, cyclical. Cycles can be manipulated to some degree, but they…
Inverting Yield Curve May Be Sign of Coming Recession — But Maybe Not
When holding an investment long-term earns a lower return than holding the investment short-term, it’s not a good sign. An inverted yield curve, which is what happens when 10-year Treasuries…
Winter Is Coming. But When?
In “Game of Thrones,” the bleak House Stark motto, “Winter is coming,” is practically a theme for the series. And yes, winter finally appears to be coming, but its first…
The Peter Pan Economy
Lowering interest rates is not necessarily a bad thing. It can make borrowing cheaper, which – at least in theory – will stimulate business investment. It can weaken the dollar,…
Nothing Lasts Forever
If the Federal Reserve Board has used all of its policy tools during the current expansion, what happens when there’s a recession? That’s a question worth asking, even as the…
Polar Vortex or Recession Redux?
The recovery that wasn’t a recovery may have come to an end, as the Bureau of Economic Analysis reported that gross domestic product dropped by 1% during the first quarter…
The Economic Recovery That No One Noticed
The average recovery since the end of World War II has been 58 months. The current “recovery” has just reached that milestone. So maybe we should be celebrating. But what’s…