The Real Reason the Economy Is Broken (and Will Stay That Way)
We are far enough and deep enough into the most heroic monetary and fiscal efforts ever undertaken to finally ask, why aren't these measures working?
Or at least we should be. Oddly, many in DC, on Wall Street, and the Federal Reserve continue to steadfastly refuse to include anything in their approaches and frameworks other than "more of the same."
Gamblers, Waiters and Strippers - Keys to Economic Recovery?
When you think about Florida what comes to mind?
For me it's sunshine... golf courses... Lincolns, Buicks and Cadillacs... big-box "senior living" centers... and, of course, ubiquitous retirees.
We may make fun of Florida as one big old folks' home. But by 2030 the average American will be older than the average Floridian is today.
The Rising US Dollar - What It Means To The Economy And To Investors
In 2013, Expect to Pay More for Just About Everything
Michael Lombardi wrote - t’s quite a race…
As countries around the world struggle to grow in 2013, central banks in the global economy are in a race to devalue their currencies. This is one race I predict will end with a bunch of losers.
The central bank of Japan has gained some extra attention lately due to its increased printing activities. The Prime Minister of Japan, Shinzo Abe, made an announcement last week about a new 10.3-trillion yen spending spree to boost Japan’s economic growth. (Source: Financial Times, January 11, 2013.)