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Monthly Archives: February 2020
The Wages of Fear In Distrustful Times
Financial FAQs Goldman Sachs The Wages of Fear is a famous 1950s French film starring Yves Montand about four men that agree to carry a very dangerous cargo of nitroglycerine, the main dynamite ingredient, through a remote South American jungle … Continue reading
Won’t You Be My Neighbor??
Popular Economics Weekly DailyKos The maxim that we are our brothers’ keeper has always been one of Christ’s teachings that Christians should follow, just as Mr. Rogers asked his TV viewers to be his good neighbor, and Martin Luther King, … Continue reading
Posted in Politics, Uncategorized
Tagged coronavirus, Donald Trump, Ebola virus, martin luther king Jr, SARs, zika virus
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Housing Market (Still) Alive and Well
The Mortgage Corner FRED-ICAP All is still well with residential housing into this new year. Both housing starts and permits exceeded predictions, with starts now at 1.57 annual units, and permits at a 13-year high of 1.551 million units annualized. … Continue reading
What Happened to Honest Abe?
Popular Economics Weekly Wikipedia What happened to honesty in personal behavior and in politics is a good theme to discuss on this Presidents Day that commemorates our two Presidents most touted for their honesty—Washington and Lincoln? They were celebrated for … Continue reading
Posted in Politics, Uncategorized
Tagged Abraham Lincoln, George Washington, governmental ethics
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Why Are Retail Sales Struggling?
Financial FAQs Calculated Risk Retail sales have slowed markedly since the fall of 2019, with monthly overall sales up just 0.3 percent, and rising 3.9 percent annually without volatile gasoline prices. This means the U.S. is basically stuck in a … Continue reading
Who Is Fully Employed in January?
Financial FAQs MarketWatch It looks like everyone is employed in the service sector, but manufacturing is sputtering. There were 44,000 new construction jobs and a whopping 72,000 in Education and health services. But manufacturing lost another 12,000 jobs in January; … Continue reading
Disaster Preparation—Why Irrational Exuberance?
Popular Economics Weekly WTI Crude Oil Stock and bond prices are gyrating when the world economy doesn’t seem to know what to make of China’s coronavirus that has now spread to some 23 countries, according to latest reports. And that … Continue reading
Posted in Economy, Macro Economics, Politics, Uncategorized
Tagged Chinese economy, coronavirus, foreign trade, Great Depression, oil prices, OPEC
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