Recession? What recession?

It’s entirely possible, but not probable, that as long as I live I’ll never again experience another recession. Your first questions, if you’re curious about my meaning, is “How long will you stay alive?” Last Wednesday, my daily post was entitled Will There Be A Recession Soon? Your second question might be “What’s the definition …

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Will There Be A Recession Soon?

My Comments: Having been around for a few years, I can tell you without question that while the good times come to an end, so do the bad. And vice versa. We’re now ten years plus into an economic expansion which can be translated to read good times. When and if it reverses, and I …

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Does the Trade War = A Bear Market?

I’ve been waiting for the next significant market decline for longer than I can remember. As an adult working in financial services, I’m now into my 5th decade of paying attention to global economic trends. I like to think I understand at least some of the dynamics that define investments. The last bear market ended …

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3 Things About the Next Recession/Market Crash

One is that recessions and market crashes, while there is a positive correlation, do not always happen at the same time or for the same reason. This means that one does not necessarily result in the other. Two is that over the past five decades, we’ve had 7 recessions here in the US. In each …

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Is Capitalism Still A Viable Economic Model?

The short answer is YES. But there are some issues that need to be remedied. I’m reminded of a Churchill quote to the effect “…it has been said that democracy is the worst form of Government except all those other forms that have been tried from time to time.” The same can be said for …

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One Nation, Drowning in Debt

Debt, in and of itself, if not always a bad thing. For example, China has lent the US many billions of dollars by buying Treasury bonds over the years. We pay interest to China, they in turn get a return on their investment commensurate with the risk they’re taking, and in due time, when the …

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A New Form of American Capitalism

My Comments: I’m a Social Capitalist. I invented (I think…) this term because I’m convinced that unfettered capitalism, the economic model favored by the United States, is doomed. What few on the right will acknowledge is that we already have elements associated with ‘socialism’ built into our lives dating back decades, if not centuries. The …

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