U.S. Economy and Stock Markets, July 2018
Real GDP growth rate from 2010 to the second quarter of 2018. Red line is the linear trend from Q4 2011 to Q1 2017. The green line is the linear … Read More
"There are more things in Heaven and Earth, Horatio, than are dreamt of in your philosophy."
Real GDP growth rate from 2010 to the second quarter of 2018. Red line is the linear trend from Q4 2011 to Q1 2017. The green line is the linear … Read More
Rep. Maxine Waters (D-CA) telling her supporters to harass Republicans in public with a call for mob action. Washington Post / YouTube The American Left has become certifiably insane! One … Read More
Germans stand on top of the Berlin Wall at the Brandenburg Gate days before it was torn down in 1989. Wikimedia Commons / Unknown photographer The photograph above is a … Read More
On the Left, Karl Marx and Friedrich Engels, advocates for collective responsibilities. Wikimedia Commons / Friedrich Karl Wunder and George Lester On the Right, John Locke, champion for individual rights. … Read More
Peter Navarro and Larry Kudlow, Donald Trump’s top advisors on foreign trade. Left: Prof. Peter Navarro Wikimedia Commons / White House Right: Larry Kudlow Wikimedia Commons / … Read More
Time evolution of the Atlanta Federal Reserve’s GDPNow estimate for Q2 GDP growth, as of May 31, 2018. Federal Reserve Bank of Atlanta / GDPNow The plot above emphasizes again … Read More
President Trump announcing the U.S. pullout from the Joint Comprehensive Plan of Action (JCPOA) on May 8, 2018. YouTube / CBC News Now that President Donald Trump has decided to … Read More
Democratic Party workers watching the presidential election returns in shock on the night of November 8, 2016. Photo Credit: AP / Matt Rourke For a very long time, progressives have … Read More
Russian President Vladimir Putin talking to Russian oligarch Mikhail Khodorkovsky in May 2001. In the center between them is another Russian oligarch, Mikhail Fridman. Wikimedia Commons / Kremlin.ru Russia represents … Read More
Using a compass and a map to find one’s desired direction. Wikimedia Commons / Audrius Meskauskas Echo chambers for different ideological orientations abound throughout the modern world. One can see them … Read More
U.S. Trade Balance as a percent of GDP and Trade Policies from 1895 to 2015 Wikimedia Commons / James4 The plot above is highly suggestive of what has caused our … Read More
President Donald Trump and First Lady Melania Trump pose for a photo with Chinese President Xi Jingping and his wife, Mrs. Peng Liyuan, Thursday, April 6, 2017, at the entrance … Read More
Percent change in personal income excluding current transfer payments. The red line is the linear trend over the last two years of Obama’s administration, while the green line is the … Read More
A NATO naval fleet including warships from five nations. In four descending columns, from left to right: ITS Maestrale (F 570), De Grasse (D 612); USS John C. Stennis (CVN-74), … Read More
Faces of American Populism: On the Left, Bernie Sanders Wikimedia Commons / Gage Skidmore On the Right, Donald Trump Wikimedia Commons / Gage Skidmore Western elites … Read More
Bethlehem Steel (Bethlehem, Pennsylvania facility pictured) was one of the world’s largest manufacturers of steel before its closure in 2003. Wikimedia Commons / Jschnalzer By now, you have almost certainly … Read More
World Map of the GINI Index, published on Wikipedia.com in 2014. The darker a nation’s color, the larger its GINI index and therefore the more unequal its income distribution of … Read More
Ten-year moving time-averages of Northern EU countries’ GDP growth rates. All have currently fallen below 2% growth, with the exception of the Republic of Ireland, which in 2016 had 4.2% ten-year moving average … Read More
Romans during the Decadence by Thomas Couture. Is the West retracing the steps of the ancient Romans? Wikimedia Commons / Thomas Couture (1815-1879) I often get the feeling my fellow … Read More
Inflation caused by increases in economic demand predicted by the law of Supply and Demand. Wikimedia Commons / SilverStar at English Wikipedia One often mentioned explanation for plunging stock markets has … Read More
The trading floor of the New York Stock Exchange (NYSE) in the age of the internet. Note all the computer monitors. Wikimedia Commons / Ryan Lawler In case you have … Read More
The Bulls of the market are getting set to charge! Photo Credit: Charging Bull — NYC via photopin (license)/ Sam Valadi The first estimate for fourth quarter 2017 U.S. GDP growth, released … Read More
The Boston Tea Party on December 16, 1773. American colonists dressed as native Americans are making clear to the English their contempt for British dirigiste policies. Wikimedia Commons / Nathaniel … Read More
Liberty Leading the People by Eugène Delacroix (1798-1863), a romantic representation of the French Revolution of 1830. Wikimedia Commons / Louvre Museum All around us across the entire planet, human … Read More
Freeimages.com / Julia Borysewicz Recently a friend asked me, “What do you think life and economics will be like in 100 and 200 years, if no catastrophe derails the progress of … Read More
Hauser’s Curve Image Credit: Wikimedia commons/Sugar-Baby-Love American progressives want a much bigger government with greater powers, while neoliberals (usually mislabeled “conservatives”) passionately want a greatly smaller, … Read More
The labyrinth connections of persuasion (c) Can Stock Photo / focalpoint The more things change, the more they stay the same. — Translation of a French epigram by Jean-Baptiste Alphonse Karr: “Plus … Read More
Vice President Mike Pence, as President of the Senate, announces final passage of the Tax Cut and Jobs Act in the Senate, 51-48. Screen shot of Right Side Broadcasting Network … Read More
A 1795 view of political debates that could pass for today! Wikimedia Commons / Issac Cruikshank (1756-1811) This essay is a cri de coeur from yours truly about what I see … Read More
Total solar irradiance from 1978 to the present. Space weather.com / Solar Dynamics Observatory While obtaining the daily solar activity statistics for my Solar Activity page this morning, I came … Read More