Michael Carr



Nov 21, 2014
Many families have enjoyed a ham dinner on Christmas Day for generations. This year, that ham dinner will be a test of economic theory.


Nov 19, 2014
Warren Buffett recently agreed to acquire battery maker Duracell from Proctor & Gamble. The terms of the deal are fairly complex but seem to be motivated by tax savings.


Nov 14, 2014
Now that stocks have been moving higher for a few weeks, bears are pointing to sentiment as a reason to be bearish. Sentiment surveys are published by several organizations and they are simply poll results. The organizations ask investors whether they are bullish or bearish.


Nov 12, 2014
Inflation is one of the greatest dangers the economy faces. In the past, the Federal Reserve has demonstrated inflation can be difficult to control once prices start to rise.


Nov 7, 2014
Ongoing debate about raising the minimum wage is a diversion from real economic solutions. Let's start by assuming the proponents are correct and the minimum wage should immediately be increased to $10.10 an hour.


Nov 5, 2014
Government bailouts are costly and those costs are often passed on to future generations. In Great Britain, taxpayers are still paying for the South Sea Bubble that collapsed in 1720.


Oct 31, 2014
New orders for durable goods fell 1.3 percent in September, the second straight month this economic indicator declined. In August new orders fell by 18.3 percent, the steepest drop ever for the data, which goes back to 1992.


Oct 29, 2014
The stock market does best when Washington does the least. This has been proven by studies that show the Dow Jones Industrial Average has delivered almost all of its historical gains, more than 90 percent, when Congress is not in session.

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