Inside our country, the stock market has been fretting over the possibility of slowing growth in corporate earnings and GDP, as well as rising interest rates, an ominous yield curve, the trade war, and the perpetual political circus. As if all that was not enough burden on U.S. investors, we just imported two more – … Continue reading Importing Trouble
The Flinchum FileThoughtful Economic Analysis and Existential Opinions
Think of buying a bond like loaning money to a friend. If he must repay the money tomorrow, there is not much that can go wrong before then. However, if he must repay you in twenty years, there are many things that could go wrong, and you might not get repaid. An example would be … Continue reading Yield Curve Over-Reaction
Democrats did a bad thing! Back in the 1930’s, they introduced the concept of gerrymandering in Virginia. Instead of voters picking their legislators, the legislators picked their voters. Hiding behind the valid concept of redistricting, which is required every ten years following the census, the Democrats packed Republican voters into as few districts as possible. … Continue reading Wrong + Wrong = Right ??
There are good Republicans and there are bad Republicans. George H. W. Bush was a great Republican. More importantly, he was a good and decent American, who will be missed. Rest in a well-deserved peace . . .
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