Yesterday, I was one of the speakers for what once was called ‘career day’ at my daughter’s high school. These days, the official name is Kaleidoscope or something more catchy along those lines. Regardless, I talked…
Thought Leadership
Ordinarily, the Employment Situation report is the biggest piece of news the first Friday of each month. Today, it isn’t, even though the Change in Nonfarm Payrolls was reasonable enough, some 226K net new jobs. So,…
This morning, the Bureau of Economic Analysis (BEA) released its first stab at 4Q 2016 Gross Domestic Product (GDP). Since the BEA estimated the economy grew at a 3.5% annual rate for 3Q 2016, no one…
Whenever I write anything about Bitcoin, I receive a number of emails from, um, well-wishers calling me any number of colorful names, to put it politely. It seems people have really strong opinions about their cryptocurrencies.…
With what I am about to write, you might think I woke up this morning in a bad mood, but I am not. The sun came up in the East, and I am standing on the…
We will undoubtedly remember 2016 as one of the more confounding, frustrating, and tumultuous years in our nation’s peacetime history. I think it fair to say most of us, if not all, felt some measure of…
Since the election, I have had more than one person ask me a variant of: “how are we going to pay for everything Trump says he is going to do?” This is ordinarily more rhetorical than…
My wife had her office Christmas party last night, and came home with an Amazon Echo Dot she received as a gift from one of her co-workers. I was a little torn on this, as I…
If every year in the future flies by as quickly as 2016 has for me, I am going to go buy a burial plot and cheap suit for Christmas. Outside of 2008, it has been one…
I am not sure it is because I have been doing this for as long as I have or because it really is the case, but the data is starting to look the same to me.…