Tag Archives: Economy

Is ‘American exceptionalism’ still good for my business and investments?

“American exceptionalism” is the idea that the U.S. is qualitatively different than other nations. Scottish historian Richard Rose put it this way: “America marches to a different drummer. Its uniqueness is explained by any or all of a variety of … Continue reading

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Animal Spirits

Money is not circulating as rapidly as it would if business and consumers had more confidence.  After policy leaders scared the public by declaring that the US was teetering on depression, spending and hiring was instantly reduced.  Reacting to the … Continue reading

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How can stocks go up in a bad economy?

Stocks do go up in bad economies. They go up because the market is anticipating growth in the future. Bad economies tend to reduce competition, lower interest rates, keep costs down, spur innovation, rationalize capital structures and reduce leverage. That … Continue reading

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Will there Ever be a Global Asset Grab?

The theory is that there is a limited supply of most types of assets, at least those that would be difficult to replace. Assuming that there is in place a global economic expansion, it is only a matter of time … Continue reading

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Double Dipping

As you might have seen, the Federal Reserve has started buying government bonds with money it gets from the maturing mortgage-backed bonds that it bought during the recession. The goal is to try to cut interest rates on mortgages and … Continue reading

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