The inspiration for this piece was collective inanity of comments posted by Times’ readers in response to Gary Johnson’s editorial — Take a Deep Breath, Voters. There is a Third Way — which appeared in the September 28th edition of the The New York Times. The Roman political philosopher Marcus Tullius Cicero quipped, “Any man …
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Alas, their providence is lost for all posterity. But there is a consensus of opinion both quotes originated in whole, in part, or, at least, were popularized by Samuel Langhorne Clemens (aka, Mark Twain). Given his reputation for a wicked wit and ready repartee, Clemens, if not the first to utter these observations regarding numbers …
I suspect, like many others you are bewildered by the August Employment Situation Report, released by the Bureau of Labor Statistics on Friday last, just in time for the long Labor Day weekend. The hedge fund set I am certain has spent the last three days pondering what the report portends for a shift in …
Yes it has been awhile – a long while – since my last publication. I trust your patience will be rewarded by this new commentary. The monthly Employment Situation Report issued by the Bureau of Labor Statistics offers much grist for the mill for the media. Alas for the educated and informed part of the …
The financial markets sloughed off the sharp downward revision in real gross domestic product (GDP) for the 1st quarter. The news — released last Wednesday, June 25th — that the economy contracted by almost three percent annualized was greeted a collective yawn. Media pundits and talking heads blamed the weather. How convenient: the weather always …
After a spectacular run-up in stock prices in 2013 (with the S&P 500 Index delivering a total return of 32.4 percent for the year), the natural question on the lips of many is, Can it continue? Alas, there is no simple answer. By some measures the U.S. stock market continues to look attractive. And, then, …