by wpadmin | Aug 28, 2023 | Uncategorized
Like today, in 1979 the perception was that inflation was out of control. The hapless administration of G. William Miller at the Federal Reserve had left its reputation for control of the purchasing power of the US Dollar in tatters. Every time...
by wpadmin | Aug 28, 2023 | Uncategorized
Economics 101 – Law of Supply and Demand: legislating oil refineries decreases supply With the exception of a small refinery launched in North Dakota in 2014, no new oil refineries have been built in the United States since 1976. In 1972, Richard Nixon...
by wpadmin | Aug 28, 2023 | Uncategorized
At this writing, the Standard & Poor’s 500 Index is down 16.8 percent year-to-date. Within this fact, several stocks have gone down less and some have gone down a great deal more. For those who would rather invest in the future than the present, an analysis...
by wpadmin | Aug 28, 2023 | Uncategorized
After the cascading decline of year-to-date, the market indexes are down 10 percent in terms of the Dow Jones Industrial Averages, 13 percent for the Standard & Poor’s 500, and 23 percent for the NASDAQ Over-the-Counter Market. Relatively recent market...
by wpadmin | Aug 28, 2023 | Uncategorized
Someone once wrote, “History does not repeat itself, but it does rhyme.” The current Russian invasion of Ukraine has been compared to the 1938 German invasion of Czechoslovakia. Like Nazi Germany, Russia made a series of escalating demands on Ukraine and...
