Month: October 2016

Data Defies Returns

October 24, 2016 I’ve said it before – twice actually – but I must ask again. Why is the market going up and up when the hard economic data indicates that the economy should be in or near a recession? Considering the following, the returns become even more unbelievable. For instance, private sector GDP is up a shade more than …

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Start-Up Fizzle

October 17, 2016 There’s been a dramatic decline in U.S. new business creation – in fact, it’s at a 40-year low! A big reason we should all care is that startups create half of all new jobs annually. If these job-creating enterprises don’t materialize regularly, the logical result is fewer and fewer new jobs. Slightly …

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