Category Archives: Business

Regime Change For the Fed — Honest Rates

James Grant was one of three recipients of the 2019 Bradley Prize. Roger Kimball and Judge Janice Rogers Brown were likewise honored. At the May 7 award ceremonies at Washington, the famed editor of Grant’s Interest Rate Observer had this to say: * — Read on www.nysun.com/national/regime-change-for-the-fed-and-honest-rates/90694/

NASA Says Earth Is Greener Today Than 20 Years Ago Thanks To China, India

NASA has some good news, the world is a greener place today than it was 20 years ago. What prompted the change? Well, it appears China and India can take the majority of the credit. — Read on www.forbes.com/sites/trevornace/2019/02/28/nasa-says-earth-is-greener-today-than-20-years-ago-thanks-to-china-india/amp/

The Investor Seth Klarman, in a Rare Interview, Offers a Warning. Davos Should Listen | The New Yorker

Seth Klarman, often called the “Oracle of Boston” because of his value-based investing style similar to that of Warren Buffett, criticizes current shortsighted business practices because they not only erode public confidence in capitalism, but also exploit our global human and environmental resources for the benefit of the elite “owner” class. Source: The Investor Seth Klarman, […]

Wall Street whiplash: Stocks’ volatility looks here to stay

Recent volatility in equity markets has sparked concern among investors as they have watched all of 2018’s returns vanish without a trace. This has been particularly nerve-racking for new investors who entered the market after the Great Recession and have never experienced a bear market or even a major correction for that matter. They have […]

Emerging Markets’ Oil Shock is Here

Brent crude recently hit $85 a barrel on its way higher, possibly towards $100, a level some analysts expect by the end of the year. Although it is still a long way from the 2008 record of $147.50, prices in emerging market currencies, which have strongly devalued against the US dollar, are already exceeding the […]

What Happened to America’s Middle-class?

Alissa Quart, author of the new book, Squeezed: Why Our Families Can’t Afford America, suggests that America’s middle class is being wiped out by a cost of living that far outpaces salary increases.   A couple earning nearly $140,000 can’t make ends meet without taking after hours jobs? Tiny starter houses cost $680,000 and up? Highly educated […]

Community Rallies Behind Teen’s Hot Dog Stand for School Clothes

Minneapolis Officials Help Teen Get Permits for Hot Dog Stand How many times have we read about a story in which children tried to experiment with a lemon aid or hot dog stand that was closed down quickly and emotionlessly by cranky neighbors and overzealous city authorities? Sadly, it seems to happen a lot, making […]