“A Nasty, Short and Bitter Recession”: An Update First: here’s some very important history; then, the updated forecast! The Economic Cycle Research Institute (ECRI) specializes in “calling cycle turning points in economic growth and inflation” and has a long, exemplary history of getting those forecasts right (https://www.businesscycle.com). Cofounded by the late Geoffrey H. Moore, winner […]
Dow plunges nearly 3,000 points as Fed intervention does little to subdue Wall Street’s distress U.S. markets went deep red on coronavirus fears, shredding roughly 12 percent from the S&P 500 and Nasdaq By David J. Lynch – The Washington Post – March 16, 2020 Excerpt below: Fears that policymakers have not done enough to […]
Excerpt from the Sarasota Herald Tribune’s article, Recession fears growing Local experts offer comments on the impact of an economic downturn in Sarasota-Manatee. After the longest economic expansion in U.S. history, a growing number of economists and business forecasters are raising the likelihood of a recession in the not-too-distant future. In an August survey by […]
Excerpt from Recession 2019? Chances of Economic Decline in Next 12 Months Now Highest of Trump Presidency, Experts’ Survey Finds By Nicole Goodkind On 12/18/2018 at 2:38 PM Excerpt below: Respondents mostly believed that the next recession would be triggered by a combination of rate hikes by the Federal Reserve, increased tariffs due to Trump’s […]
Donald Trump’s Stock Market Gains Have Fallen Short of Growth Under Barack Obama By Nicole Goodkind On 11/21/18 at 2:48 PM Excerpt below: The Dow Jones Industrial Average, a measure of 30 large, public companies that often serves as a stand-in for the health of the stock market in general, is up less at this […]
Excerpt from Along the Boards’ article, USA walks back China tech investment restriction: The Commerce Department is still looking into enhanced export controls, which would stop United States firms from shipping certain technology to China. “We have a confusing message coming from our government”, said David Kotok, chief investment officer of Cumberland Advisors, which manages […]
We are seeing the deterioration of a great American export. The U.S. is squandering a competitive advantage. And the buyer comes here to make the purchase and pays cash. We don’t have to ship a higher education anywhere. And school by school by school, we see a shrinking population of foreign students applying and coming to the U.S.