The US and global economies are at a crossroads - which fork will they take?
The US economy, along with the global economy, has been doing well this year. In fact, the US GDP growth numbers to be announced by the...
Who Wins a Global Trade War?
About 20 years ago, when I took an MBA level Macroeconomics course at UC Irvine, the professor said that free trade is the best use of...
The US Economy is on the Edge, What Will Push It Over?
According to a BBC article, the US economy grew at a 2.2% annualized rate for the first quarter of 2018, versus an expected 2.3%. This...
The 1st quarter GDP numbers will be in soon, and projections are not looking good
First quarter GDP is projected to be around 2%, versus an average over 3% for the last three quarters. This is not quite unexpected...
Will the Fed rate hike the US into recession?
Typically, this late in the business cycle businesses are trying to squeeze the last drops out of profits to maintain revenues and keep...
How long can the economy keep expanding, and when is the next recession?
How long can the good times last? The longest economic expansion on record was the 1990s computer productivity driven 10-year (120...
The Fed and other central banks are making it rain $$ - what could go wrong?
As Janet Yellen attends her final meetings this week as the Federal Reserve Chairperson, economic conditions around the world seem to be...
2017 Year-end summary and a 2018 projection
2017 was an incredible year: we saw stock market valuations and indexes at all-time highs, a continuing rebound in real estate prices,...
What effect will tax reform have on Business?
In its current form, the proposed tax law changes should reduce costs and increase profit. This is because the highest corporate tax...
Will Janet Yellen serve another term as Fed Chair?
Janet Yellen’s current term as Federal Reserve Chairperson will expire in February 2018. On Twitter, President Donald Trump stated that...