stock market

Strategy to Revive the Stock Market

If the slide in the stock market is not addressed very quickly, a crisis in corporate and personal debt service may well occur, causing a rapid downward economic spiral. The good news is that Congress and the administration can prevent a further meltdown. The bad news is that Congress seems bent on doing the wrong things, which drive the markets Read More ›

War Against the Stock Market

Why is the stock market still depressed? In one word, Washington. The Washington political class has engaged in a steady stream of actions and proposals over the last few months that would depress any economy and investor. To explain this, I shall begin with a digression. Last month, the president decided to honor the great Nobel Prize-winning economist, Milton Friedman. Read More ›