Connecting the Dots, July 2019

Financial Success Formula Failure

July 30, 2019

The US economy grew at a 2.1% annualized pace in the second quarter, according to data released last week. That was better than economists expected but hardly impressive.

RIP Economic Cooperation, 1944–2019

July 23, 2019

Last month, world leaders observed the 75th anniversary of D-Day, when Allied troops stormed the beaches of Normandy, France. It was a critical day in world history.

Free-Trade Republicans Will Surrender to Trump

July 16, 2019

Imagine an alternate history in which Donald Trump lost the 2016 election.

The Left-Behind Economy

July 9, 2019

Remember “No Child Left Behind,” George W. Bush’s education reform plan? Congress passed it in 2001.

Trump, ZIRP, and the Fed

July 2, 2019

Investors are in a buying mood despite many economic warning signs. Why?
For some, it’s because they expect the Federal Reserve to cut interest rates and otherwise “stimulate” the economy. They believe (correctly) it would drive stock and real estate prices higher.