Corporate Stock Buybacks Aren’t the Problem. The environment on Capitol Hill has made populism a bipartisan affair, with Republican Senator Marco Rubio now joining the fray with a call to tax corporate stock buybacks. His argument?…
Ten Years Ago… It’s March 8, 2009. The market’s down 56% from its all-time high, unemployment is over 8% and hurtling toward 10%, it’s just been reported that real GDP dropped at a 6.2% annual rate in Q4 of 2008, and it feels like the world is coming to an end.
Spare Us the GDP Agony. In 2018 as a whole, real GDP grew at the fastest pace for any calendar year since 2005. And what’s even more impressive is that year-over-year real GDP growth has accelerated in every quarter since the beginning of 2017.
How to Get Over Your Fear of Investing. Thank you to Cameron Huddleston for featuring my comments regarding why you shouldn’t let the recent stock market events scare or deter you from investing in the stock market.
Don’t Fear a “Hard Brexit”. It’s not like there would be no trade between the UK and the EU after a Hard Brexit. Trade rules would simply shift to the rules that apply between the EU and other countries under the World Trade Organization, like those that apply to EU-US trade or between the EU and China or Japan.
How TARP and QE Led to the “Green New Deal”… the mother of all big-spending social programs and government micro-management rolled into one.