Author Archives: John Thomas

Macroeconomics is not a Strength of Turkey’s Erdogan

Feathers were ruffled this week as Turkish President Recep Tayyip Erdogan vowed to take greater control of monetary policy if he wins elections next month. There are two main issues that confront Turkey; money and power. Turkey is a parliamentary republic and the presidency largely ceremonial, but Erdogan won a referendum to increase his powers and abolish the post of ...

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China, Technology and the Stock Market

It was once said by a writer that socialism cannot produce innovation. Well, maybe I was wrong. In the truest sense of a Marxist economy, which I was referring too, is planned by a central government, with product pricing and means of distribution coordinated as well. However, in modern communist China, a hybrid economy has surfaced that to some degree ...

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Oil Rises as Trump Exits Iran Nuke Deal

On the surface you would think this is a deal about Iran and its proliferation of nuclear weapons. Yes, it is, but the immediate impact is being felt in the oil markets as the world reacts to President Trump pulling out of the Iranian nuclear deal. West Texas Intermediate oil rose as much as 3.1 percent to $71.17 a barrel ...

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How Secure is Your Public Pension Fund

If you are an employee and have your retirement savings tied up in one of the public pension funds, you should stay active and be abreast of how your fund is performing. A percentage of your income is taken each payday and put into an investment fund that will purportedly provide you income when you can no longer work or ...

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The Dichotomy that is Amazon

In conjunction with Small Business Week, Amazon for the first time released statistics about its relationship with small businesses. Criticism has grown in recent months on the retail giants’ effect on the domestic economy. President Trump has been leading the charge by alleging unfair business practices and subsidized mailing costs by the USPS. Amazon disclosed that more than one million ...

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Republican Tax Cuts Send Apple to New Heights

In its second quarter 10-Q released on May 1, the Cupertino, California-based company said it would put in place a new $100 billion share buyback program and increase its quarterly dividend by 16 percent. To put it in perspective, Apple’s stock buyback is the size of the GDP of Ecuador, and due in large part to President Trump’s tax cut ...

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Amazon Headquarters Search is not all about Money

The allure of Amazon and its second headquarters coming to your town with 50,000 jobs can be exciting and overwhelming. The first cut has been made from 238 applicants down to 20. Amazon really should have come up with a mini-series, or promotion like the NFL draft, to popularize their move exponentially. As with sports, getting cut hurts, and you ...

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Facebook to Offer New Dating Service

Just when you thought it was safe to go back in the water, here comes Facebook with an apologetic new service that will appear to make you happy, while gobbling up more of your personal data. News of the dating service was released by CEO Mark Zuckerberg during a presentation at Facebook’s F8 developer’s conference. “If we’re focused on helping ...

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Made in China

“Study the past, if you would divine the future.” – Confucius It may have been first said by Confucius, uttered by the great Spanish philosopher George Santayana, and written about by the likes of Gibbon in The Decline and Fall of the Roman Empire. If you do not know history, you are doomed to repeat it. In the context of ...

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Buying Stocks During Earnings Season – Or Not

The vast majority of public companies use a calendar year for their corporate financial reporting period. The Securities and Exchange Commission requires these companies to produce a 10-Q or quarterly report every three months. The first quarter of a calendar year-end reporting company would be January, February and March. Thus, the company would have 45 days from the end of ...

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