Some Common Cents For Friday November 17, 2017

November 17, 2017, by John Norris

In case you didn’t pick up the November 7th copy of Pravda, you might have missed the 100th anniversary of the Bolshevik Revolution. This was ultimate act in a year of great turmoil within Russia which resulted in even more years of civil strife and decades of economic mismanagement. While Lenin and his proletarians were passionate and idealistic, it is safe to say they didn’t completely understand economics. Apologists for the former Soviet government tend...

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John Norris: People asking ‘what if’ questions don’t really want the truth

November 14, 2017, by Lindsey Owens Krausen

Last week, I made a presentation about the current health of the economy and markets to a group of folks in Birmingham. Not surprisingly, I got a "what if" question about North Korea. You know — what if Kim Jong-un launches a few nuclear missiles towards the United States? How would the markets respond? Admittedly, speculating about such things is more entertaining than analyzing trends in economic data sets and the slope of the yield curve. Those things...

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