Stimulus Package

From the White House to Mar-a-Lago, the Recovery Act's effects are inescapable.
2016 will be different. First, more voters will be coming to the polls because of the Presidential election. Second, they will be better educated because there is now a blacklist of the most heinous vote-against-the-public, vote-for-the-funders offenders.
Getting away from D.C. every so often helps with perspective. Life inside the Beltway can cloud one's views and lead to an
Ever since the global financial crisis central bankers across the globe have become increasingly fearful about the prospect
CNN.com recently published an article (Store closings are the hottest trend in retail) about the rash of retail store closings
On Thursday, Jan 14th, although we predicted DOOM!, we also predicted the Dow would bottom around 16,000 (off by 250) and
With the S&P 500 now down about 10% from its all-time high in May 2015, a certain level of fear has returned to the markets
Source: Bureau of Economic Analysis. What is the true state of the US consumer? The Federal Reserve seems pretty confident
If the full extent of the budgetary problems are not well understood, how can we be in a position to address the problems?
The Fed is famous for raising rates prematurely, seeing ghosts of inflation. But there is no inflation on the horizon -- the bigger worry is deflation. In fact, the inflation rate is well below the Fed's own target of two percent. And the Fed is the only game in town. On balance, I think the opponents of a rate hike have the better argument. But consider for a moment that last assumption -- that the Fed is the only game in town. The larger issue, which is getting submerged in the great debate about raising rates, is that the Fed should not be the only game in town. With fiscal stimulus ruled out politically, pressure is on the Fed to be the sole engine of growth. Yet the central bank can only do so much.
Economic data and financial-asset prices don't always paint the same picture about the health of the economy.
On June 24, 2009, at a hastily arranged press conference in the rotunda of the State House, Mark Sanford, the governor of South Carolina, and a rising star in the Republican Party, acknowledged that he had not spent the better part of a week "hiking on the Appalachian Trail."
All things considered, the major equity markets of the world have been fairly orderly for the past year and a half. That is, all except the Chinese market.
It is still early days for the American newfound interest in health and wellness, but as organics only make up 5 percent of total food sales I think the industry has a long runway of growth ahead.
I've stated repeatedly that a massive amount of stimulus has been required to generate GDP growth of just 2.0%-2.5% annually since the end of the Great Recession (June 2009). We have further said that the removal or reversal of some of these stimulants will be a tough hurdle for the economy to overcome.
The dollar began its ascent against other major world currencies in mid-2014. The move higher was fast and furious, but the greenback ran into some resistance beginning in the middle of March.
Balancing the budget through reduced spending and increased revenues, ending the vast expansion of the Federal Reserve's balance sheet and normalizing interest rates, are all necessary actions in the effort to right the economy in the face of the Great Recession.