Monthly Archives: August 2017

“Insert reason here..”

  Insert Reason Here The major indices are indicated to open higher this morning.  There is no particular reason why, which is why most reports this morning are stretching to assign a reason for the positive bias. There is optimism … Continue reading

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Pictures That Tell a Story

They say a picture speaks a thousand words, and that means, to an economist, that sometimes it’s easier to communicate something complicated with a chart or a graph rather than a lot of explanatory text. So it is with three … Continue reading

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Ignore headlines, stay the course

  Don’t Sell on Headlines So far, the world markets seem to be shrugging off the sabre-rattling coming from North Korea (normal behavior) and the U.S. White House (complete departure from policy). The smart money is betting that the distant … Continue reading

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Elder orphans

  Aging Without Support Probably the most forgotten minority in America is the “elder orphans”—aging retirees who no longer have a spouse (if they ever had one), no kids and no caregiver. According to The Gerontologist magazine, about one-third of … Continue reading

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“Banking deserts” in U.S.

  Banking Retreat Low interest rates and added regulation designed to head off another global financial crisis has made it more expensive and complicated to run a banking operation these days.  Gone are the heady days when banks were building … Continue reading

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