In my view, the perils of another burst asset bubble far outweigh the costs of another recession, |
It doesn't get much cheerier than that. |
It won't be a huge dramatic bursting, but it will be felt this year. |
It's important to stay focused on the interplay between the consumer and the overextended housing market and sharp increases in energy prices, ... That will be key as to whether or not the US economy will sustain itself in 2006. |
It's important to stay focused on the interplay between the consumer and the overextended housing market and sharp increases in energy prices. That will be key as to whether or not the U.S. economy will sustain itself in 2006. |
It's important to stay focused on the interplay between the consumer and the overextended housing market and sharp increases in energy prices. That will be key as to whether or not the US economy will sustain itself in 2006. |
It's time to make it official. The downside risks we have been warning of over the past several months are now coming to pass. |
Like it or not, the experience of the 1980s demonstrates that supply-side tax cuts are not self-financing. In my opinion, similar results can be expected from the multi-year tax cuts now on the table in Washington. |
Mine didn't even rhyme, ... But I loved him. He was a great man. I miss him. Put that in, will you. |
Never in modern history has the world's leading economic power tried to do so much with so little. Now Washington is upping the ante as it opens the fiscal spigot to cope with post-Katrina reconstruction at the same time it is funding the ongoing war in Iraq. Could this be a tipping point for America's shoestring economy? |
Once viewed as an unparalleled opportunity, the Chinese miracle is now being viewed as a threat by both the U.S. and Japan. |
Out here in Asia, |
Over the 2004-05 interval, looming bond market perils appear to pose the most serious challenges for [leveraged] consumers and property markets -- possibly even resulting in a new deflation scare, |
Over the 2004-05 interval, looming bond market perils appear to pose the most serious challenges for [leveraged] consumers and property markets -- possibly even resulting in a new deflation scare. |
Sound the alarm, it's Allan McMahon! |