Good News from the Census Bureau

by Laura Ehrenberg-Chesler on September 12, 2018 in capitalism

From the WSJ today: “U.S. household incomes rose again in 2017, according to Census Bureau figures released Wednesday that suggest more Americans are benefiting from the strong economy. Median household income increased to $61,372 last year, up 1.8% when adjusted for inflation. The poverty rate inched down 0.4 percentage point. The percentage of people without […]

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More Good Economic News

by Laura Ehrenberg-Chesler on September 7, 2018 in Economic Indicators

From today’s WSJ: “Meanwhile, the number of open jobs this spring exceeded the number of unemployed Americans seeking work for the first time in records going back to 2000. The appearance of plentiful job openings is pulling people from the sidelines who may have been discouraged from looking earlier in the expansion, but businesses have […]

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Ignore the Noise

by Laura Ehrenberg-Chesler on September 6, 2018 in Earnings

If one can ignore the noise of the day, and ignore of all the distractions, the economy is clicking on all cylinders. Here are some facts and commentary from Ed Yardeni yesterday: “I’ve said it before, and I’ll say it again: “There is method in Trump’s madness.” Hamlet said it first in 1602: “Though this […]

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John McCain and the Moral War – courtesy of Geopolitical Futures

by Marilou Moursund on August 29, 2018 in Military

Geopolitical Futures published an obituary for John McCain today, and like many of their pieces, it ties together many historical and geopolitical threads.  From the linked article: There’s a saying that John McCain never saw a war he didn’t like. That is only partly true. He understood the price of war more than most. What […]

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Quote of the Day

by Laura Ehrenberg-Chesler on August 20, 2018 in Tribute

From an article in the “Washington Examiner” rebutting the recent statement by Andrew Cuomo that “America has never been that great”. “Great is an aspiration — a higher elevation to which you constantly try to take yourself and your countrymen. And that greatness resides in our people. Character is a mosaic of tiny acts, rather […]

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The Currency Crisis of 2018? – courtesy of Geopolitical Futures

by Marilou Moursund on August 15, 2018 in currencies

Geopolitical Futures sent out an interesting article today that considers whether what’s happening to the Turkish lira is only a problem for Turkey.  From the linked article: What do the Turkish lira, the Iranian rial, the Russian ruble, the Indian rupee, the Argentine peso, the Chilean peso, the Chinese yuan and the South African rand […]

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Some Good News About America

by Marilou Moursund on August 3, 2018 in Employment

Jim Geraghty of The National Review had an interesting column today that recounts some of the good things happening in America.  From the linked article: We groan that we’re governed by crooks, incompetents, and morons, but we’ve actually done a pretty good job of solving the problems that faced this country a generation ago. Crime […]

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How Business Confidence can Drive Real Growth

by Laura Ehrenberg-Chesler on July 25, 2018 in capitalism

From the New York Times this morning: “The confidence is rooted only partly in hard-nosed data, like the rapid pace of growth expected for the second quarter and record low jobless rates. It is also a sign of harder-to-measure sentiment. “Animal spirits are high,” said Tim Ryan, United States chairman of the global accounting and […]

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One-of-a-Kind Hospital for Military Dogs is in San Antonio

by Marilou Moursund on June 29, 2018 in Military

I loved this article in the San Antonio Express-News today.  The Lt. Colonel Daniel E. Holland Memorial Military Working Dog Hospital is located on Joint Base San Antonio-Lackland.  Military dogs from all over the world are flown here to be treated.  From the linked article: Robin isn’t yet a military working dog, but he was […]

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Junk Bond Spreads are a Positive Sign for the Economy

by Marilou Moursund on June 26, 2018 in Bonds

Just like stocks, junk bonds perform better when the economy is strong.  This is because the companies are earning enough money to cover their interest payments.  When the economy weakens, the spread versus the comparable Treasury bond widens as investors move to less risky assets.  Junk bonds are performing better than investment grade debt this […]

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