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Italian Stocks Italian Stocks Won’t Get a Boost From the Election March 5, 2018 by Michael Carr Global Economy As Italians voted over the weekend, polls highlighted how divided the country was. But Italy's problems extend beyond the country’s political parties.
Five Congressmen Shot Down I Was There When 5 Congressmen Were Shot February 27, 2018 by Bob Bauman Government & Politics As a witness to the 1954 shooting of five congressmen, I was shaken momentarily. Now, 64 years later, the terrible tragedy at Parkland depresses me profoundly.
Unless governments break the cycle of tariff and retaliation, a global recession or depression starts. However, China showed there could be a better way to fight a trade war. China Shows How to Fight a 21st Century Trade War January 12, 2018 by Michael Carr Global Economy Tariffs give a country time to develop a capability or to protect a critical industry. However, China showed there could be a better way to fight a trade war.
Greenspan thinks the stock market is in good shape but that bonds are in a bubble. And like all bubbles, the bond-market bubble is going to end badly. Like All Bubbles, This One Will End Badly December 27, 2017 by Michael Carr Bonds Crashes always seem to come out of nowhere. But, in hindsight, we realize that all the elements for a crash were in place months before prices fell.
November 2017 employment numbers were good. However, a fed interest rate hike will happen this week for good reason. Here's why it will. Here’s Why the Fed Will Raise Interest Rates This Week December 11, 2017 by Michael Carr Economy, U.S. Economy Wages are growing nearly 3% a year. Of course, workers want more than that. But the Fed is worried that's already too high.

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