Is Good News Really Bad News?

 

You may have read last week that the U.S. stock market took a tumble based on what would seem like really good news: that the U.S. unemployment rate is falling faster than anybody expected. If you’re scratching your head, you’re not alone.

First, let’s focus on the good news and what it may mean. […]

US Global Competitiveness

 

In 1945, the U.S. made up more than half of the world’s total gross domestic product (GDP), which basically means that half the world’s economy took place inside U.S. borders. Today that figure is just under 22%.

Does that mean America is in decline?

There seems to be a bull market in doomsayers these […]

Currency Wars

Forget world wars, fought with tanks, bomb and missiles. The new form of global conflict is the currency war, which is fought with increasingly vicious keystrokes. We read in the papers that this or that country is engaged in a currency war with some other set of countries. But what does that really mean? […]

Other Dimensions of Risk

When it comes to investing in the stock market, the risk that everybody talks about is the ups and particularly the downs, the bearish periods when the market falls dramatically and keeps falling for months or even years. (Think: 2000-2002 or 2008)

The real damage isn’t the fall itself, but the fact that many […]