The Twitter Market Stock markets go up and stock markets go down. America’s current bull market has been going up since 2009, its longest run ever. It’s been buoyed by consistently positive U.S. GDP growth, massive government spending that has created massive Federal budget...
The Role of the Corporation in America America’s corporations and their CEOs – in fact, the concept of corporatism and American Capitalism themselves – have been under attack from a broad swathe of the public. What was conventional wisdom in the 20th Century – with Americans...
A Weaker US Dollar? The July 19th TLR (“Be Careful What You Wish For”) mused about “Why President Trump wants a weaker US Dollar” and speculated about the potentially adverse consequences if he got his wish. More specifically, it questioned whether the President’s campaign to...
What is the Meaning of American Capitalism? Americans believe in freedom, independence, democracy … and the value of their capitalist system. America attained its stature and became the powerhouse of the 20th Century because it integrated those frontier values into its culture … and allowed...
Is This Time the Same? Is history repeating itself? Most economists and historians think so. They believe that cycles recur, that human nature endures and requires that economic, political and social trends take the same non-random walk … and that 2019 is a rerun...