Articles

China’s Global Relevance

The chart below shows the growth in GDP over a 20 plus year period.   It illuminates why China is growing so powerfully economically, why the US continues to be the number...

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Storm Shelter Disaster

The disaster in Oklahoma with the 13 mile swath of destruction brings forth sympathy and the desire to help.  The fact that the area is known as Tornado Alley and had an...

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Investing by Population

The map you see on this page has been widely circulated among professional investors, and it tells an astonishing story. The circle encloses less than an eighth of the world’s total land mass, but it includes more than half of the world’s population…

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The Value of Education

Now that college graduation exercises are upon us, you are no doubt hearing reports that young people matriculating from this or that prestigious alma mater are having trouble finding jobs. The easy conclusion seems to be that a college degree doesn’t matter very much anymore in the new economy…

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Declining Deficits

America’s budget deficit is ballooning out of control, right?

As it happens, while Congress and certain pundits scream that we need to cut government spending, analysts are discovering something surprising: the U.S. government budget deficit this year and next appears to be shrinking…

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Getting Things Done in Washington

If you’re among those who believe that nothing can get done within the partisan bickering on Capitol Hill, you should know that both parties came together with remarkable speed recently to pass bipartisan legislation…

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Demographic Surge

This week’s Barron highlighted the demographic surge that is slowly winding its way through our economy.  The Millennial generation, also known as generation Y, is people...

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Infinite Duration = Substantial Risk

Interest rates remain mired at historic lows. Today, if you invest $100 in two-year Treasury bonds, our government will pay you interest of less than a quarter each year. So wouldn’t it make more sense to put your money in a relatively new category of bonds that is paying 6% coupon yields…

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The US Retains Its Title As Sovereign of Innovation

As the media focuses on the dysfunction in Washington, there is a stealth recovery occurring led by innovation in the private sector. An article from the Economist dated March 16th, 2013 titled “Cheer Up” by Edward McBride, discusses how the economy in the US is much more vibrant outside the Washington Beltway…

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Patriot’s Day Shock

Today a tragedy hit the Boston Marathon.  Like any shock, the stock market, which was swooning plummeted an additional 100 points when the news broke.  In addition, gold...

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