Economy
Walmart and its Impact on Housing Prices
In many communities, the building of a new Walmart is far from welcome. Some of the complaints include increased traffic volumes, pricing that puts local ……Read More
Business
Markets
The Driving Force Behind the US Oil Boom
The shale revolution’s sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play’s ……Read More
Economy
Global Wealth Inequality
Credit Suisse recently released the 2014 version of its Global Wealth Report, the bank's annual report on global household wealth. In this posting, I will ……Read More
Markets
The End Of An Era: Is The US Petrodollar Under Threat?
Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives ……Read More
Economy
Why Has GDP Growth Been So Modest?
We all know that there is a close relationship between personal consumption and GDP growth as shown on this graph from FRED: As ……Read More
Markets
Are Mutual Funds Being Haunted by Shadow Banking and Illiquidity?
In the October 2014 edition of the IMF's Global Financial Stability Report, there is a very interesting paragraph buried on page (ix) of the Executive ……Read More