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
The New Government Stimulus Program: How Major Hurricanes Lead to Higher Infrastructure Spending
Who knew hurricanes came in threes? After the devastation of Hurricane Harvey last week, at this writing, we await the landing of Hurricane Irma sometime
After the Health Care Donnybrook, Tax Changes Will be Even Harder to Pull Off
After last week’s ignoble (for those who wanted it) defeat of the effort to restrict and reduce the cost of health care in the US,
Mandatory Retirement At 80? Demographic Trends Impacting Workers
Demographically, we are dealing with several trends. One is the impact of fewer immigrants available to employ. Another is fewer people entering the workforce, relative
One Hundred Days Down, 1,360 to Go: How Economic Trends Trump Political
Much was made last weekend of the milestone of the first one hundred days of the Trump administration. Supporters found inspiration, critics found fault—this was
Having a Computer Named Hal for A Money Manager: Why Mathematical Models Do Not Beat the Market Over Time.
Investors are constantly looking for the equivalent of the philosopher’s stone. In the middle ages, such a stone was reputed to turn base metals (like
