Blowin’ In The Wind

Where do we find the answers to the questions we ponder? Do we simply have to look around to find the answers in some book, computer file, Wall Street opinion, Fed pronouncement or media pundit? Or do we have to turn inward and ponder the questions ourselves to find...

Trump vs. China: Risk or Opportunity?

China is a big, and often mysterious, factor in the world’s economies. In recent years China has created a massive pile of debt. At this point total Chinese debt is about 250% of GDP, the highest among any large emerging market country. Between 2007 and 2015 they...

Exciting Times

Apparently Trump has the Midas touch! For the record, I prefer the idea that Trump will try things and risk going down swinging instead of managing the economy to not crash under his watch. The not crash approach is that of Japan, and I don’t think we want to...