We will not experience a “v-shaped” economic recovery, as many people hope and expect. The government can distribute and print all the money it wants,

Speculative bubbles are always around. Usually, they end up poorly – think the tech and housing bubbles earlier this century. Now, one of the craziest

The show “Bar Rescue” features hospitality industry veteran Jon Taffer using his know-how to improve bars and restaurants’ bottom lines. He knows what works. Unfortunately, his outlook

There are conflicting reports (and sentiments) on unemployment. We know it’s dire. But then we see the May employment report and supposedly things aren’t so bad –

In the past, we’ve talked about firms that can’t service their debt without borrowing more money. These “walking dead” companies are getting new injections of life

June 15, 2020 The early part of 2020 has been wild. Between a pandemic, record unemployment, and near-record equity market returns, I’m surprised any of

June 8, 2020 The Chairman of the Federal Reserve, Jerome Powell, recently did an interview on 60 Minutes. It was historic in the sense that the

June 1, 2020 Thanks to COVID-19, there is a huge disconnect between Wall Street and Main Street…again. Despite what’s happening all over the country in

May 25, 2020 I know we’re in a pandemic, but the Federal Reserve’s recent agenda is rather incredible. The Federal Funds Rate is basically 0 percent. On