Global and US Economy

US vs China

Trade War: Brief Update and Perspective

The US-China trade war entered its 16th month and doesn’t look to be ending soon. It continues to be a wildcard from an investment perspective—extremely important in the medium term but impossible to...
Man Hiding Under a Box

Our Thoughts on Today's Market Volatility

Stocks broadly took a beating today, with the S&P 500 and Dow Jones each down over 3%. This accelerates a downward trend that started in late September, pushing the S&P 500 down almost 5% in...
Dart on a Page with Stock Prices

"Three Economists Walk into a Bar..."

We have written many times in the past about the problems with economic forecasts. The more specific they are, the more wrong they tend to be. And the consensus is usually wrong, as history shows....
European Continent

Brexit Occurred: Quick Thoughts

The UK has voted to exit the European Union. Global markets are down, and the US markets are likely to open weaker too. COMMENT ON TODAY’S ACTIVITY Today’s market activity reflects investors’...

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