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Monthly Archives: June 2015
U.S. Stocks: Look for Stronger Performance in Second Half of 2015
At the end of 2014 we explained why “stocks are expensive, offer mediocre risk / reward.” The weak 2.5% price rise so far this year is consistent with that call. But stocks should be stronger in the second half because … Continue reading
Posted in Uncategorized
Tagged energy costs, median EPS growth, monetary policy, profits, stock market
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The Wright Stuff
On May 30, 1899 an impecunious 32-year-old man who, along with his brother, ran a small bicycle shop in Dayton Ohio wrote to the Smithsonian Institution, with a request: “I have ben interested in the problem of mechanical and human … Continue reading
Posted in Uncategorized
Tagged bicycle, capitalism, innovation, invention, railroads, Wright brothers
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Princeton University’s ATO Breakthrough
“Our research demonstrates conclusively that as a liberal education becomes more expensive it is also becoming less liberal and less educational.” T.J. Maxx PhD I would have to respectfully disagree with Dr. Maxx. America’s great universities are pushing back … Continue reading
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Tagged free speech, political correctness, Princeton, Urban Congo
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Urban Inequality – the Paris Syndrome, U.S. Style
After stepping off an Amtrak train in Washington DC, you drag your luggage down a ramp into a nice, modern, well-organized space with waiting areas, newsstands and mid-priced eateries, plus a few retailers such as H&M. Overhead signs instruct you … Continue reading
The Winner of the 2015 Ig-Nobel Prize, for the Worst Book by a Nobel Prize Winner Is . . .
Ignoble adjective 1. Not honorable in character or purpose Synonyms: dishonorable, unworthy, base, shameful, contemptible, despicable, vile, degenerate, shabby, sordid, mean, dastardly Ladies and Gentlemen, thank you for attending our Annual Gala, where we present the Ig-Nobel Prize, our humble … Continue reading
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Tagged 1%, financial crisis, inequality, Joseph Stiglitz, middle class, Obamanomics
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