Show of Hands: Who is Not the Offspring of Immigrants?
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
As Trump’s Trade War Evolves: Less Focus, More Uncertainty Puts Pressure on Markets and Economy
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
Why There is no Such Thing As a “Lovely Little Trade War”: The President Plays with Fire
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
Back When a 500 Point Decline Meant Something: 1987 vs. 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
As the Liquidity Tide Goes Out: 2018 Market Predictions
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
Happy Anniversary: 1987, 2007, and 2017
What is it about years that end in seven? Thirty years ago, in October 1987, the stock market as measured by the Dow Jones Industrial
