Global manufacturing data have been exceedingly grim. One would be hard pressed to find a country in Europe, Asia or North America that's exporting products with little difficulty. If the United States wishes to export products at a higher clip, we’d require partners with the means to...
Financial professionals frequently opine that asset prices are a function of economic conditions. Assets like stocks, bonds and real estate rise in value when the economy is expanding. They fall in value when the economy contracts. The problem with those statements is that they represent a f...
There has been a great deal of media hype surrounding new all-time highs in the U.S. stock market. For that matter, there has been a fair amount of puffery when it comes to how well stocks are performing overall. In actuality, we have seen similar levels for the S&P 500 twice before. The...