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
Toys Were Us
It’s one thing for a business or industry to suffer a significant downturn. It’s quite another for an industry icon to disappear entirely. To wit: the Toys ‘R’ Us shutdown, liquidation and its soon to be total disappearance from the retail scene. What can we learn from the demise of Toys
Hurricanes and their Effects on the Economy
Irma Economics: Last week, economist Brian Wesbury shared his take on “Harvey Economics;” namely that the reconstruction of the Texas coast will not add that much, if anything, to the economy. This week as a monster hurricane approaches Florida, he expands on the real economic effects of recovering from disasters.
Apples or Chewing Gum
Apple’s Iphone, perhaps the most successful consumer product of all time, celebrated its 10th birthday this past week. You may be aware of the effect it has had on you, but these ten charts from Recode paints a broader and more disruptive picture that may surprise you. Learn how the