(Earnings Recessions, Inverted Yield Curves, and Economic Recessions)
Every few years I repurpose some old themes and remind our readers that, although past performance is not always indicative of future performance, cycles do repeat themselves.
Through 2015 and much… More >>
In most developed countries, an important public utility like power or water is always available with the flip of a switch or the turn of a knob. As consumers, we have grown so dependent on these reliable services that we hardly think about how they work. The… More >>
The latest Employment Situations report from the Bureau of Labor Statistics (BLS) on Friday, March 8, 2019, suggested the economy is in the midst of a massive cooling down. The United States economy added a mere 20,000 jobs versus the 181,000 that economists were… More >>
One of the most astonishing economic miracles I have seen in my 30-plus years of professional investing is the possibility of our economy receiving a second wind.
That’s right! Considering the length of this economic recovery compared to past recoveries, this… More >>