2019

Dec. 2019 – China Chatter

It’s hard to avoid news about China these days. Headlines appear almost every day involving trade and investing, military expansion, political repression, the environment, even professional sports. But investors should put these developments in perspective. Though China is still a developing nation, its economy (GDP)is the now second only to the U.S. It boasts a …

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July 2019 – A Trillion Here, A Trillion There

Everett Dirksen (U.S. Senator 1951-1969), exasperated with mounting federal expenditures, is said to have quipped “a billion here, a billion there, and pretty soon you’re talking real money.” By today’s federal spending standards, “a trillion” might well be substituted for “a billion.” Both the deficit and debt are at an all-time high. The annual federal …

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