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
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
Investing for All – The Loss of a Legendary Investor – Jack Bogle
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
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.
Days of Disruption (No. 10):America’s Retailer – Sears
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
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
“A Trillion Here, A Trillion There”
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.
Days of Disruption (No. 6)
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
35 Startup Steps
If you’re thinking about starting up a business, or know someone who is, an article from Forbes may save some time or trouble. Richard Harroch, Managing Partner at venture capital firm Vantage Point has watched many start-ups succeed, and mostly fail. He offers a valuable checklist of thirty five steps to buy
In the late 1950s, 78% of Americans trusted their government. To find out what the number is today, check out Peggy Noonan’s recent WSJ article “We Must Improve Our Trust” for some insights into how we got to the current state of mistrust and what we might do about it. Ms Noonan