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Posts Tagged ‘no growth’

We’re Not Going To Take It….Anymore

July 21st, 2016 by Kurt L. Smith

Britain decided it no longer wanted to be a member of the European Union. Britain had enough of Europe or precisely 52% of British voters had enough. The reasons why they had enough was not an issue. The result however is clear: Britain will no longer be a member of one organization bigger than itself: The EU.

Soon Britain may not be a part of another larger organization, the one that makes it Great. So blow the winds of change, especially when the issues that trouble many are seemingly ignored by those who hold the power.

How many Brits voted for an exit because of fear of immigration and the fear of more, seemingly out of control, immigration? We don’t know. We do know that immigration has been an issue longer than a European Union has been a dream. If times are good and spirits rising odds are we can ignore the issue or simply praise the benefits of immigration. Times are not that good now, the mood has changed and leadership needs to change with the times. (more…)

The Trend Is Not Your Friend

November 11th, 2015 by Kurt L. Smith

Investors look to the Federal Reserve for economic leadership.  Looking backward, one might say the Fed helped get the economy back on track with lower interest rates, higher asset prices and lower unemployment.  Looking forward, the Fed continues to feed us the line that next month or next quarter will be better. (more…)

Now It Gets Interesting

November 3rd, 2014 by Kurt L. Smith

The Dow shed 1500 points last month and all of a sudden we can focus on something other than congratulating policymakers on keeping stock prices high and bond yields low.  The financial world has been changing in rather dramatic ways but as long as stocks levitated and defied gravity no one seemed to care. (more…)

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