The U.S. Economic Situation – December 23, 2014 Update

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, …

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The U.S. Economic Situation – November 24, 2014 Update

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, …

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The U.S. Economic Situation

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, …

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Forewarning Pronounced Economic Weakness

In the post of September 11, 2014 (“Additional Thoughts Concerning The Economic Situation“) I stated: There are an array of indications and other “warning signs” – many readily apparent – that the current level of economic activity and financial market performance is accompanied by exceedingly perilous dynamics. While some of these indications are plainly evident, …

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Additional Thoughts Concerning The Economic Situation

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, …

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Thoughts Concerning The Next Financial Crisis

Since the Financial Crisis, a variety of reforms have been enacted that will purportedly lessen the possibility of future financial crises, and/or lessen the severity of such crises when and if they occur. One of these reforms is the new money market rules, and other proposed and enacted initiatives are discussed by Stanley Fischer in …

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Was A Depression Successfully Avoided?

One of the central tenets arising from the Financial Crisis and the various interventions taken during the period was that by enacting the various interventions, an economic depression was avoided. Now, over five years after the Financial Crisis, many global stock markets have been booming, economic growth has been evident in many measures, and the …

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Economic Expansion, Recession Or Depression?

On April 29, 2011, I wrote a post titled “Recovery, Recession, Or Depression?” in which I highlighted the issue of whether the U.S. economy was then in an economic recovery, economic recession, or economic depression. Now, almost three years since that post, and nearly five years since the end of June 2009 NBER Business Cycle …

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Change Made To “A Special Note…” Page

Near the bottom of every blog post since August 15, 2010 has been a link to the page titled “A Special Note On Our Economic Situation.”  This page summarizes my thoughts concerning our ongoing economic situation and its future implications. Paragraph four of that page has read: If this is indeed a Depression, the implications are …

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Thoughts Concerning The Business Cycle

Undoubtedly, many will find the defining and classification of the business cycle to be semantics – figuring that economic activity “is what it is.”   However, I believe that the correct interpretation of the business cycle is imperative  in understanding future implications and correctly setting expectations. Of course, the “official” entity for defining and classifying …

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