Summers & Why Economics Refuses to Forecast

  QUESTION: Marty, Regarding the brief clip of Larry Summer’s opining on why economic declines are hard to predict, I was struck by the 2nd part of his explanation, which seemed to me to indicate that economists would not want to … Continue reading

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Market Talk – May 14, 2025

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 55.13 points or -0.14% to 38,128.13 • Shanghai increased 29.08 points or 0.86% to 3,403.95 [...]
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States May Fund Migrants – Grey Area Questioned

President Trump’s Executive Order 14218 (February 2025) prohibits undocumented migrants from receiving federal funds. However, individual states are not prohibited from funding migrants, and several blue states are continuing to [...]
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US April Inflation – 2.3%

The numbers are in, and the Consumer Price Index fell to 2.3% this April annually, down from March’s 2.4% reading, according to the Bureau of Labor Statistics. April’s reading is [...]
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