Foggy Economics Where are those neat crystal ball predictions that students of economics used to rely on? Why is it that so many of today’s analysts, historians and financial industry pundits – including the Federal Reserve – are getting their forecasts so, so wrong? ...
Should You Be a Contrarian? What does it mean to be a contrarian? The Oxford dictionary defines a contrarian as “a person who opposes or rejects popular opinion, especially in stock exchange dealing.” What is the consensus of stock and bond market direction – today’s “popular...
Plutocrats and Plutocats A “plutocrat” is a person whose wealth gives him power – put simply, a “plutocrat” is a very, very rich person. Recently, however, the media and politicians have begun using the term “plutocrat” negatively pointedly … as a disparagement, a label that...
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...
