Summary: A new industrial revolution has begun. Here are two small examples to illustrate what it will be like. Extrapolate these a thousand fold. Then do so again. That’s what will happen in the next 70 years. Let’s start to prepare now. “One conversation centered on the ever accelerating progress of technology and changes in …
Summary: On Thursday I posted “Ignore The Bond Bears, The Fed Will Not Raise Rates“. Many on Wall Street disagree — most of whom since 2012 have expected a cycle of rising rates to begin really soon. Such as J. P. Morgan’s prediction of a rate increase in December. Friday’s data confirms my forecast in …
Move evidence the Fed will not raise rates on our slow-mo economy Read More »
Summary: Since 2010 I have said that the economy is locked in slow-mo and the Fed will not start a new rate cycle. It’s even more true today than in 2010. Many investors and economists are convinced that the Fed will soon end its near-zero interest rate policy and begin raising rates – “normalizing them”. …
The Fed Will Not Raise Rates In The Foreseeable Future Read More »
Summary: Ignore the Bulls & Bears. Their need for clickbait stories turns noise into news. See the key trends in the jobs numbers, revealing the forces shaping the US economy. The jobs report confirms that the US economy grows slowly, and is slowing. It gives no evidence that the US is accelerating, or that the …
Ignore The Bulls And Bears. See The Key Trend In The Jobs Numbers. Read More »
Summary: Can America no longer grow? Have we exhausted the potential for future technological progress? Let’s look at how far we have come and ask if the engines of progress that produced these wonders can no longer work for us. “Innovation of new forms of society and technology. It is the key to our progress. …
