No Risk of Recovery

Eleven years after the 2008 financial crisis the economic recovery remains the weakest of the Post-World War II era. Economists have reached a common conclusion: In terms of average annual growth, the current expansion is by far the weakest of any since 1949, a position bolstered by some of the latest U.S. Department of Commerce’s GDP data. A Brookings Institute study revealed some…

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“FEDspeak” – The Never-Ending Saga of Double-talk and Distraction

“The measure of a man is what he does with power” – Plato America’s political class is famous for having said some remarkably silly things over the years. No argument there. In today’s world, anyone letting slip the wrong word or an unpopular opinion can most assuredly count on being “called out” and attacked by social media critics until the…

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Getting in Sync with the “New Normal” Economic Cycles

“In financial markets progress is cyclical, not cumulative” — James Grant It’s well understood just about everything comprising the known universe tends to move in cycles. Our planet rotates on its axis producing winter which then melts into spring, warms into summer, and completes the cycle by offering up the breathtaking, radiant colors of autumn — you get the point.…

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A Year of Records, Routs, and More and More Debt

"No problem can be solved from the same level of consciousness that created it" – Albert Einstein Stock market action for the month of December has been uncharacteristically negative for this time of year — so far, it's the worst performance since 1931, a couple of years into the Great Depression. Things were so bad, even the day prior to…

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Watch Out: Your Retirement Plan Might be on Steroids!

“The purpose of life is to contribute in some way to making things better” — Robert F. Kennedy In the time since Obamacare took effect in March of 2010, we, as a nation, have spent countless months — and gazillions of dollars — debating the pros and cons of a healthcare law the new administration has vowed to repeal from…

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