Global Nominal GDP Growth, as Measured in Dollars, Is Projected to Decline My Comments: It has been argued that Wall Street is corrupt and greedy and doing its best to create further income inequality in this country and across the globe. And that as a result, we should hold Wall Street accountable, send people to …
Category: Global Economics
Barack Obama’s Gamble on the Future of Iran
My Comments: I must confess to being tired of all the crap going on in politics, whether its local, state, national or international. Increasingly my opinions, concerns, fears, hopes, expectations, etc., seem irrelevant. The temptation is to walk away and try to ignore it. That’s an emotional response and there’s a parallel with my universe …
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Current Oil Price Decline May Set Stage For Price Spike And Global Recession
My Comments: There are relatively high taxes on the sale of gasoline at the pump where I live. In spite of this, we are almost at the $2.00 per gallon level. As I’ve mentioned before, this is both a good thing and a potentially bad thing. The bad is that money invested to bring us …
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Division and Crisis Risk Sapping the West’s Power
My Comments: I make no apologies for having supported and voted for Barack Obama in 2008 and 2012. Much of the pressure from the right, in my opinion, is irrational and disguised racism. Here is an opinion from England, my birthplace and true friend of America. It’s an interesting perspective and to the extent you …
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The World Is Marching Back From Globalisation
My Comments: Those of you who know me well do not consider me a pessimist. But this is Monday. And while I can feel optimistic about the chances for a return to good times from Florida football, the rest of the news is essentially gloom and despair. I’d much rather bring you something uplifting and …
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Guess Who’s Back? The Middle Class
My Comments: There is lots of handwringing about last Tuesdays election results. And lots of people looking for someone to blame if it didn’t meet hopes and expectations. One of my long time concerns has been the growing inbalance between the haves and the have-nots. Statistically it’s very real with the middle class that evolved …
4 Lessons For Us From a Century Ago
My Comments: As a nation we are on the horns of a dilemma regarding our role as the sole surviving superpower from the last century. I embraced Obama’s assertion that our national focus should revert to what is in our best interest domestically. At the time we were embroiled in Iraq and other places and …
Washington’s Hawks Have Usurped the Huntsmen
My Comments: If you are unsure what is meant by the headline above, you are not alone. However, a reading of the comments that appeared in the Financial Times tends to reinforce in my mind the discomfort all of us should feel about the US Government agency known as NSA or the National Security Agency …
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World Weather Gone Haywire – Effects On… CRB Index and The Economy
My Comments: No, we are not doomed. But I can’t recall this much rain every day, some of it at night, when there wasn’t a hurricane. I’m sure it happened, but I don’t remember. Does it have an effect on the economy? Experts agree last winters’ storms had an effect. So it’s worth paying attention …
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The Outlook for Yields
My Comments: Guggenheim Partners has recently been sending periodic macro insights about investments and opportunities for investors. Good stuff, so if investments interest you, I encourage you to grasp as much of it as you can. Global CIO Commentary by Scott Minerd of Guggenheim Partners - July 03, 2014 As U.S. economic growth gathers pace, …
Helping Define Your Financial Future 