Perspectives

Posted: Tuesday, August 21, 2018
Two of the past four presidential elections were settled in the electoral college, leading to wins of two candidates who did not collect the majority of votes overall but did win the greater number of state votes. Thus, a win of, say, 10,000 votes in Ohio leads to more state electoral college votes...
Filed Under: Perspectives
Posted: Wednesday, June 27, 2018
Except for Native American Indians and African-Americans brought here by force in slavery, everyone in this country has immigrant roots. The invectives lobbied against earlier waves of immigrants is a matter of record. Italians were wops, Irish were Roman infiltrators. Germans were at various times...
Filed Under: Perspectives
Posted: Monday, April 02, 2018
Eight weeks ago, economists did not rank a trade war as a significant disruptor of the US economy. Now, many economists think the trade war policy, engaged by the current administration, may put not only the US but the rest of the world into recession.   This has come about due to a president who...
Filed Under: Perspectives
Posted: Monday, March 05, 2018
As it is told by the usual “unnamed sources”, the President started last Thursday in a foul mood. He had just lost his confidant, Hope Hicks, who, a day after testifying before the House Intelligence Committee, decided that the job wasn’t worth the candle of stonewalling and perhaps even going down...
Filed Under: Perspectives
Posted: Wednesday, February 07, 2018
Those of us who have been around a while recall, seldom fondly, the 500 point decline in the Dow Jones Industrial Averages on Monday, October 19, 1987. On that day, the Dow Jones Industrial Averages declined on volumes that the exchanges could not accommodate. The decline was from a far lower level...
Filed Under: Perspectives
Posted: Monday, January 08, 2018
For many, the concept of liquidity is a bit hard to grasp. In essence, liquidity, as it refers to financial markets, means, “the funds that are available to acquire something”. To a lesser extent, it also refers to the cost of money. If money is restricted as to what it can buy, then the cost of...
Filed Under: Perspectives