America is the most woefully imbalanced economy in the world. Although, Spain is a close second in this measure of out-of-wack economies. Each month both countries anxiously wait for the goods and materials they need to function, like a junky waiting for a fix. We’re constantly hoping against hope that…

Last week, Nancy Pelosi, the Speaker of the US House of Representatives, behaved in the most reckless, irrational manner. She risked World War III just so that she could visit Taiwan. The People’s Republic of China condemned the flight in the most robust language possible. Used the highest level of…

In just a few minutes, we will get the latest Unemployment Report. For many, this report will indicate that all is well; the labor economy is humming. After all, for four months in a row, Unemployment has registered at 3.6%. …

Its name says it all: Covid-19, a disease that began in 2019. And although it didn’t hit this country until 2020, still it’s starting to show its age. We saw that all yesterday when one of the principal manufacturers for the Covid Vaccine, Moderna, reported their latest results. Moderna is…

We’ve all known the type: they always want to pick a fight. Hot tempered, always willing to “settle the score.” this kind gives you that shove with the elbow as you’re walking by just to let you know they’re ready. Our current President, the Scranton Scrapper, Joe Biden, is like…

Back in graduate school, one of my favorite professors was Dr. Smith. He was also one of the oldest members of the faculty. At the time, he must have been well into his 70s. And so, no doubt, lived through the Great Depression. And so, it was fitting that his…

I am writing this today in response to some of my weekly comments and emails. Universally, they are well versed in economics and finance. And I enjoy reading your thoughts. So, before I go any further, let me thank you for taking the time to read and engage with me. …

“Annual income twenty pounds, annual expenditure nineteen nineteen and six , result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery” Charles Dickens, David Copperfield Washington discovered, many years ago, that the best time to release bad news was on a Friday afternoon. That’s especially true in the summer when most head off to enjoy the sun and try to stretch those short weekend hours.

Back in the 1980s, there lived a most unlikely sportscaster. Howard Cosell, a lawyer by training, was raised in New York. I doubt that Howard ever passed a football or ran a cross-country race. He was an ungainly figure. …