Category: Economics

Week of April 15, 2019

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How to “Heimlich” Yourself The Heimlich maneuver has saved thousands from choking.  Unfortunately, we often “choke” on more than just food.  It’s the rare individual who hasn’t “choked” at a critical moment due to fear, anxiety or some other emotion. There usually isn’t someone around in such situations willing or able

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Week of April 1, 2019

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“We could never learn to be brave and patient if there were only joy in the world.” Helen Keller 1880-1968 The Useless Class  The introduction of machinery into agriculture in the 1800s freed millions from the farm to flock to the cities where, fortunately, an industrial revolution was also occurring

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Economic Reconnaissance

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A Solid Finish: The government shut down has also stopped the flow of data from Washington that economists rely upon for analysis and forecasting, but that hasn’t stopped Dr. Brian Wesbury from offering his best estimate of fourth quarter 2018 GDP growth.  Check out his one page summary of why he sees solid

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Econ Recon

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Correction or Recession?: It’s been a while since Brian Wesbury sat down in front of a camera for one of his video chats about the markets and the economy.  If you have five minutes and sufficient interest, check out his recent Wesbury 1010 video in which he explains why sees the current turmoil

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Investing for All – The Loss of a Legendary Investor – Jack Bogle

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Warren Buffet once said if a statue were to be erected to the person who had done the most for the American investor “the hands-down choice should be Jack Bogle.”  John C. (Jack) Bogle passed away this week at the age of 90.  He was the founder of the Vanguard Group and

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Econ Recon

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Searching for Recession:  ITR Economics is well known for their use of leading indicators.  They’ve even devised a new one and it is that is truly remarkable!  One of ITR ’s young economists wondered if the frequency of the word “recession” as a search term on Google might have any predictive power. 

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Days of Disruption (No. 10):America’s Retailer – Sears

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Sears has been struggling for many years but the speculation of the past few days that it may bypass Chapter 11 reorganization entirely and proceed to Chapter 7 Liquidation indicates just how hopeless many of its lenders believe the company’s situation has become.  This article from Business Insider tells in a

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Econ Recon

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A 50/50 Proposition:   ITR Economics’ President Alan Beaulieu looks at the latest in the tariff tiff and analyzes the back and forth especially between the US and China.  He sorts out the winners and losers and explores whether it will be 50/50   He also sees some ominous signs from stock markets outside

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“A Trillion Here, A Trillion There”

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The late Illinois Senator Everett Dirksen is reputed to have characterized the “Great Society” fiscal policy of the 1960s with the wry observation that “ A billion here, a billion there….and after a while it adds up to real money.”   Fifty years later we add a few zeros and we’re talking trillions.  

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Days of Disruption (No. 6)

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With all the disruption being wrecked on traditional businesses by newcomers with new business models, it’s important to remember that the disruptors are sometimes disrupted before they can displace their competitors. To wit: Movie Pass:   This much touted start up offered a monthly subscription model for movie fans which, as a recent

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