Only a few months ago that Federal Reserve Chairman Jerome Powell declared the central bank was “not even thinking about thinking about raising rates”. However, we think a Rate-hiking cycle will begin much sooner than the expected 3 to 4 years. Writer-Rebel-Producer-Poet Break From the Crowd Financial freedom fighter Read more…
The current economic crisis will give way to a period of adjustment and recovery. In this period, which I term the “Economic Reordering,” the U.S. and foreign economies will change dramatically. The rosy-fingered dawn of the emerging business landscape will possess both the familiar and unfamiliar. Globalization, for example, will Read more…
Rebecca Henderson – continued We need more government action and much stronger minimum wage laws. We should think very carefully at the size of large firms. We need to make sure there is real competition for workers. We have to pay attention to how these really large firms have driven Read more…
Current Free Market Capitalism is not the real deal. We need to be able to keep the individual freedoms, the opportunities, in order to realize our potentials that people believe capitalism enables. We have gone overboard and built a hypervigilant cut-throat society that fails to even have human Read more…
To my family- In the stock market, few people can pick a bottom and no one should try catching that falling knife. The best way to manage this kind of trading is like surfing without a wet suit. Ease in a little at a time, get use to the temperature Read more…
I think media has fueled panic-buying and stock market lunacy. If people purchased what they normally do, even buying twice that amount, stores would not be running out of anything because they are receiving normal shipments. Globally, with a population of 8,300,000,000, approximately, by percentage .00003 have contracted COVID19 Read more…
Behavioral Economics REVIEWED BY WILL KENTON Behavioral Economics is the study of psychology as it relates to the economic decision-making processes of individuals and institutions. The two most important questions in this field are: Are economists’ assumptions of utility or profit maximization good approximations of real people’s behavior? Do individuals maximize subjective Read more…
This Week’s Economic Thesis: http://smainstitute.com/ After 3 days of deep selloffs when most investors ran for the hills today as of this note, we now have two days of gains. Stocks bought in those past days are up 3+% and portfolios are making back losses from Read more…