Go to Top

Small Business

Barone: Housing doldrums a supply problem

One of the key indicators of U.S. economic health is housing – both the turnover of the existing housing stock and the construction of new units. Existing home sales, new home sales, and housing starts all peaked earlier this year. Given the health of the U.S. consumer, as vividly demonstrated in the employment and auto sales data, it is puzzling why the housing numbers now appear to be so anemic. …Read More

If You Build It, They Won’t Come: Opinion

It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.– Charles Darwin I am often asked: “When do you think the economy will return to normal?” My response: If by “normal” you mean what we had from the 1980s to 2008 — the “if you build it, they will come” economy — the answer is, not anytime in the …Read More

US Economy: Stealth Inflationary Pressures Are Not Yet Priced Into Markets

n countries where central banks are printing money, such as the US, UK, eurozone, and Japan, deflation is the fear. On the other hand, inflation is high in countries where central banks have followed more traditional policies, like Brazil (official inflation 5.9%), India (11.5%), Indonesia (8.4%), and Turkey (7.4%). One explanation is the carry trade. Because the central banks of the developed world promised low rates for the long term, …Read More

Existing Public Policy Fosters a Growing Income Gap

There is no doubt that the gap between the rich and the middle class and poor has widened in recent years. And the most recent studies confirm a continuation of that trend with capital gains playing a major role. What is ironic is that public policies — some long practiced, some new, — contribute significantly to the problem. Recognizing and fixing such policy issues, however, is easier said than done. …Read More