Strong dollar can hurt U.S. businesses

March 16, 2015, by John Norris

Whenever you hear a politician talk about the need to have a strong dollar, please change the channel or put your hands over your ears. The value of the dollar has nothing to do with sound bites and grand political pronouncements. It has everything to do with how much U.S. currency the world wants. You see, even our money can’t escape the law of supply and demand. The more folks demand, the higher it goes...

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Some Common Cents for February 27th 2015

March 1, 2015, by John Norris

This morning, the Bureau of Economic Analysis (BEA) announced its second take on 4th Quarter 2014 economic growth. After previously announcing a 2.6% number, it seems the BEA’s best guess this time is it grew at a 2.2% clip. What’s 0.4% among friends? When you break down the data, several things become readily apparent: 1) military expenditures fell through the floor, and; 2) the private sector appears to be in reasonably healthy shape, and; 3)...

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