Some Common Cents for August 19th, 2016

August 19, 2016, by John Norris

I have watched the Olympics with some regularity over the last two weeks, and will be sorry when they are over this weekend. It has been a nice break from what passes as prime time entertainment these days, even if NBC makes it a nightly habit of serving up heaping helpings of schmaltz. However, you can’t please everyone. One of the things that fascinates me is the individual economic impact of winning a medal. For...

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What is your biggest prediction for 2015?

January 7, 2015, by John Norris

I have been making economic and market predictions for the better part of two decades, and it gets more difficult each year. The reason is simple: we have access to so much information in our society, it is almost impossible to decide where to start. In simpler times, folks wanted you to guess at the year-end level on the Dow Industrials, and that was about it. Today, I get questions on a whole host of...

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$15 minimum wage would mean some workers make $0

September 9, 2014, by John Norris

This past Thursday, fast food workers in an estimated 150 cities went on strike for higher wages. Many of the demonstrators called for a $15-an-hour minimum wage. Just how realistic is this? Read full article here as previously published in the Montgomery Advertiser September 7th 2014.   The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do...

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Some Common Cents for Sept 5th 2014

September 5, 2014, by John Norris

Just what is money? According to Merriam-Webster, money is: “something generally accepted as a medium of exchange, a measure of value, or a means of payment.” For centuries, people used metals of various types for money, and certain, more primitive, cultures used things like shells, glass, and even rocks. Today, money primarily takes two forms: 1) paper, and; 2) computer keystrokes. Sure, we still pass along metal coins, and people certainly barter and the like....

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