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– A very hoary joke tells the story of an East European Jew, just arrived in New York and not speaking a word of...
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– A very hoary joke tells the story of an East European Jew, just arrived in New York and not speaking a word of...
– Bottom line: The Consumer Price Index (CPI) rose by 0.1% in July — but it has risen by the same amount for the...
– Bottom line: The trade data for July contained no good news; rather there were several indications that things are getting worse. Exports continued...
– Bottom line: The pace of economic expansion, as measured by the GDP data, fell to an annualized rate of 1.7% in the second...
– Until very recently — mid- to late-July, to be exact — American and European stock markets were marching steadily higher. In many cases,...
– Whilst you were understandably busy with local developments, the world carried on spinning — increasingly out of control. Anyone who follows the global...
– I mentioned last week that most people in the world, and virtually everyone in Europe, is far more focused on and concerned about...
– From the Halls of Montezuma To the Shores of Tripoli; Thus opens the battle hymn of the United States Marines. The Halls of...
Most people don’t think — many no longer can, even if they try, because their capacity for independent thought has been systematically eroded...
– Bottom line: Jerusalem, we have a problem. The trade data for June were unsatisfactory, but what is far worse is that they represent another link...