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Thursday, August 25, 2016 08:20 PM
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OPEC's Output Freeze: What Has Changed Since Doha?

It's possible that OPEC is crying wolf with hints of an output freeze next month in Algiers; but it's also possible that they are ramping up production to take the sting out of a freeze. This is a delicate balancing act that the Saudis need to play very carefully.

The official chatter is

Last Updated on Wednesday, 24 August 2016 11:52

Hits: 7

The Growing Ethnic/Racial Wealth Gap

The Growing Ethnic/Racial Wealth Gap    A study by Dedrick Asante-Muhammad, Chuck Collins, Joshn Hoxie and Emmanuel Nieves at the Institute for Policy Studies looks at the racial wealth divide in the United States and the futility of trying to get ahead when you're not a white American.  The study looks at the accumulation

Last Updated on Monday, 22 August 2016 11:41

Hits: 17

How the Federal Reserve Blew Up the Stock Market

How the Federal Reserve Blew Up the Stock Market    Sometimes after retirement, central bankers become surprisingly candid about the economy, their role in the economy and the Federal Reserve's role in how the economy functions.  In that light, here is a link to an interview on CNBC's Squawk Box with Richard Fisher, former President

Last Updated on Monday, 22 August 2016 11:40

Hits: 21

Saudis Ramping Up Oil Output To Gain Leverage In OPEC Talks

Saudi Arabia suggests it may be increasing its August crude output to a new all-time high as it could give it more leverage to influence the September informal talks on a possible production freeze, Reuters reported on Wednesday, citing industry sources.

Saudi Arabia – OPEC's biggest

Last Updated on Saturday, 20 August 2016 16:16

Hits: 18

Exiting the Workforce A Growing Pastime for American Men

Exiting the Workforce A Growing Pastime for American Men   A study by the Council of Economic Advisors for the Office of the President looks at a critical factor in the current labor force; the decline in the labor force participation rate for prime-age males between the ages of 25 and 54.  This is the age range where workers are at their most

Last Updated on Monday, 15 August 2016 11:53

Hits: 47

Stalling Incomes A Post-Great Recession Phenomenon

Stalling Incomes A Post-Great Recession Phenomenon    A recent report by McKinsey Global Institute looks what has happened to household market and disposable incomes since the Great Recession and compares the current situation to what happened in the past.  This is particularly pertinent given the recent rather dramatic growth in global

Last Updated on Wednesday, 10 August 2016 11:55

Hits: 51

America's Perfect Retirement Storm

America's Perfect Retirement Storm    The Economic Policy Institute recently completed its analysis of the state of the American retirement situation and it provides us with an interesting glimpse of the future that lies ahead for millions of Americans who think/hope that they will be able to rely on their 401(k) and IRA

Last Updated on Wednesday, 10 August 2016 11:49

Hits: 52

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