TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
Paul Volcker began his term as chairman of the Federal Reserve Board of Governors in August of 1979. In October, the S&P 500 index dropped 11% on its way to a 20% drop in 1980. Alan Greenspan was sworn in as Fed chairman in August 1987. On October 19, 1987 the markets suffered through “Black Read More…
For those who believe in the virtue of central bank economic stimulus, the moment of truth has finally arrived. Federal Reserve chairman Janet Yellen announced late last month that the Fed plans to start shrinking its balance sheet for the first time since it expanded from less than $900 billion in 2008 to an unprecedented $4.5 trillion Read More…
Over the past few years, there has been an explosion in awareness like never seen before. World views have shifted dramatically and key issues have come into the spotlight which would have never met such a great audience just a decade ago, such as sustainable agriculture, contaminants in vaccines and in the water supply, and Read More…
The Federal Reserve in the United States just released a new report showing that “Total Household Wealth” in the United States has reached a record $94.8 trillion. That’s an impressive figure. Even more impressive is that Total Household Wealth has increased by $40 trillion since the lows of the Great Recession in 2009. No doubt Read More…
Last week was a rather crazy one for the news feeds, with cyber attacks and “Comey memos” and a host of other wild mayhem, it may have been difficult for many people to keep track of it all. That said, there was one event that I think went partly under the radar, and I think Read More…
“Progressive” is often a word we hear bandied about to describe very destructive things. It’s “progressive,” for example, to believe taking responsibility for your individual thoughts, words and actions is a fool’s errand. When taken to its extreme, as it often is, many self-described progressives believe you are responsible for the actions, past and present, Read More…