A recession and a bear-market are not the same thing, although they are friends and have often been seen together. A recession is to economics what a bear-market is to investing – bad news. A recession is loosely regarded as two consecutive quarters of decreasing GDP, and bear-market is loosely regarded as a 20% decrease … Continue reading Q & A . . . Bear Market Edition
The Flinchum FileThoughtful Economic Analysis and Existential Opinions
Last month, I was hoping the Fed would increase interest rates by 75 basis points or three-quarters of one percent. Unfortunately, they only raised it by 50 bps or one-half of one percent. This week, the Fed is likely to raise interest costs another 50 bps, which will disappoint me again. I hope they increase … Continue reading Yanking the Band-Aid Off
I SALUTE the ten Republican senators who had the courage to stand up to the NRA and reject the stupid “slippery-slope” argument that ANY, trivial restriction on guns would certainly lead to the confiscation of all 400 million guns in America.
The most powerful industry in America has long been the advertising business. Who else can “influence” you buy a particular deodorant or automobile or how to vote? It took many years for me get interested in sports. For me, sports is just another subsidiary of the advertising business. Take the PGA or Professional Golf Association … Continue reading The Importance of Rebranding ?
Life is nothing more than a series of binary choices . . . you know . . . “either-or” There’s “good or bad” — there’s “eat or exercise” ? Mothers . . . and other expert psychologists . . . warn us that “all work & no play” makes us dull, boring and unhealthy. Most … Continue reading Read it . . . or not
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