Politics & Government

Trump vs. Davos and Economic Globalization

One wonders what the 2019 World Economic Forum in Davos, Switzerland will be like without the presence of the United States. Also by the way, it looks as if Vladimir Putin may be a no-show, and the world’s second largest player, China, has sent as surrogate Vice President Wang Qishan. Yes, there will be important players there, such as Angela ...

Read More »

Government Shutdown – We Warned You This Could Happen

The continuing saga, who will win?

As the partial government shutdown continues, those of you who are relying on funding backed by the SBA have been put on hold. The Small Business Administration stopped processing new loans on Dec. 22.  Thousands of companies can’t get their SBA loans approved, meaning they can’t get money they need to start or expand their companies. President Trump notes that there ...

Read More »

The weaponizing of fact-checking

For most of American history, it has been the role of the news media to report on the five classic questions – who, what, when, where and how. Opinion – and they all have them – was left to the editorial department and named columnists … period. And even among editorial writers and columnists, it was expected that various opinions ...

Read More »

The Move to the One-World Euro Turns Twenty

Depending upon which side of the coin you are on, the euro has either been the best thing to happen to Europe since the end of the Ottoman Empire or the worst thing since the great pandemic of the bubonic plague. Let us overlook for a moment the loss of fiscal sovereignty of some 19 nations and the gain of ...

Read More »

Pre-existing conditions? NO! Wrong Problem. Insurance Must Change.

Every politician nowadays, when asked about health care, affirms that the government wants to protect those with “pre-existing conditions.” This means, of course, that someone has a very expensive medical condition and they do not have insurance to cover it. This has become a massive issue in the health care debate. Everyone wants to solve it, but nobody seems to ...

Read More »

Fed Policy is Anyone’s Guess going Forward

The Federal Reserve has gone somewhat off the grid and is becoming increasingly more stealth in regard to monetary policy. The Fed undoubtedly realizes what uncertainty with regard to interest rates can do to both the credit and equity markets. As such, you might want to buckle your seatbelts and hold on for the ride as we head into the ...

Read More »

The Landscape has Changed for the Fed’s Rate Path

Over the years I have heard many different sources, from economics professors to Fed Chairmen, say that the Federal Reserve doesn’t pay attention to the stock market when it comes to deciding rate policy. I think we all know better than that. When the Fed stepped in and started lowering rates at the end of 2007, you can bet that ...

Read More »

Wall Street has a Trust Issue with President Trump

In poker, when a player has a habit that indicates that they are bluffing or another one that indicates they have a strong hand, it is called a tell. In criminal law when a criminal uses a certain method to commit the same crime over and over, they call it an M.O.—or modus operandi. Right now, Wall Street seems to ...

Read More »