“This time is different” are four famous last words considered by famed fund manager John Templeton to be the most costly phrase in history for investors. Prominent economists Reinhart and Rogoff have written extensively that throughout history cycles repeat in a similar fashion with excessive debt creation for economic growth until…
Should US consumers feel consumed by the growing avalanche of negative news? There is an unending tariff war between the worlds two biggest economies, risk of a Hard Brexit impairing the UK, a US manufacturing recession and high odds of a Presidential impeachment. Reflecting this anxiety and uncertainty manifests in optimism among corporate executives…
Early stage industrial economies rely on manufacturing for the majority of their value of goods and services produced (GDP). As economies mature with rising living standards, there is a shift to consumption and services providing the vast majority of GDP and employment. One hundred years ago, less than 40% of US…
The 106 year old Federal Reserve Bank of the US controls monetary policy to influence economic conditions, primarily by moving short term bank borrowing rates and bank reserves. Surveys predict 100% confidence in a Federal Reserve Rate cut on September 18th and high odds of another cut before year end….
It’s well known that bad news garners more attention than good. Record devastation from an approaching hurricane, burning down the rain-forest, financial panic in the investment markets are some of the recent hyper headlines sparking interest. Most of the time the bark is worse than the bite, as reality is…
© 2019 Exec Spec. All Rights Reserved.
