Mar 10, 2014
The bull market just marked its fifth anniversary - middle-aged by historical standards but not dead yet.
Mar 7, 2014
The economy created 175,000 jobs in February, up from 129,000 in January. Colder-than-normal weather was a factor, but that simply continued underemployment of the nation's human resources. Those mediocre results are consistent with a broadly underperforming economy.
Mar 7, 2014
The crisis in the Ukraine will likely end with Russia permanently controlling Crimea, with the remainder of the country more tightly in its orbit than anticipated a few weeks ago.
Mar 5, 2014
Slower commerce cannot be attributed only to cold and snow. Regulatory shifts burden the recovery. For example, the unnecessary jump in required pilot-training hours imposes shortages on airlines, canceled flights and lost commerce.
Mar 3, 2014
Bitcoin believers were shaken to their digital souls when Mt. Gox, the world's largest bitcoin exchange, defaulted on $470 million worth of deposits and closed.
Feb 27, 2014
Americans desperately want a fairer tax system and relief from arbitrary treatment by the IRS. True reform requires simply junking the personal and corporate incomes in favor of a consumption tax.
Feb 25, 2014
The economy is not likely going to tank, but economic growth is not likely to match the president’s optimistic aspirations until policies are embraced.
Feb 21, 2014
President Obama is putting the finishing touches on his budget message to Congress. According to press reports, it would be criminal if it weren't so comical!