Beware the Potential Stagflation

March 14, 2016 This month’s policy meeting will mean a difficult decision for the Fed – does it raise the federal funds rate or leave it unchanged? The Fed’s Board of Governors wants to raise rates, and has wanted to for some time. The Governors finally did it last...

From ZIRP to NIRP

March 11, 2016 This post’s title might make you think I’m losing my sanity or living in a fantasy world. I assure you, I’m not. ZIRP and NIRP aren’t imaginary goblins, though they can be scary. They’re monetary policies, and they’re in effect around the world. A...

Slumping Sales, Job Losses Stain Early 2016

February 15, 2016 Early 2016 lacks promise to say the least. In many respects, stocks are tanking. And retail sales are slumping, highlighted (or lowlighted) by Wal-Mart closing 154 stores in the U.S. Think about that. Wal-Mart is one of the largest employers in...

Recession Ahead?

February 8, 2016 The case for a 2016 global recession is strengthening. Economic patterns and data indicate weakness worldwide. European troubles, not to mention our own domestic issues, could shoot the global economy downward. The European debt crisis has been a...

Economic Fiction

February 1, 2016 “Anyone claiming America’s economy is in decline is peddling fiction.” – President Barack Obama, Jan. 12, 2016.  My readers can now refer to me as a fiction writer then because despite the president’s assertion, the data and several...

Will the FANG Bite?

January 25, 2016 There are some eerie similarities between today and the 2000 “dot com” bear market. In the period leading up to the late 2000-02, the market was led by four large tech stocks – Microsoft, Dell, Cisco and Intel. As groups of alike stocks tend to do,...