Art Investments Slow

A slowdown in the art world usually isn’t included in economy analyses, but art has become an investment alternative somewhat Continue reading →

Oil Price Collapse

The collapse in oil prices from $110 a barrel down to $30 a barrel took many people by surprise, has Continue reading →

Wealth Inequality Intensifies

Number of people whose wealth = that of poorest 1/2 world population: 2010 =388 11 =177 12 =159 13 =92 Continue reading →

Hiding From Taxes

“According to a recent Citizens for Tax Justice (CTJ) report, Fortune 500 companies have more than $2.1 trillion in offshore Continue reading →

Bigger Failures Ahead

The idea that banks shouldn’t become “too big to fail” prompted calls for reforms in the US financial industry. Regardless Continue reading →

US Follows Chinas Fall

The US stock market mimicked the Chinese market’s fall, though without having to close. “Standard & Poor’s 500 and Dow Continue reading →

December 2015 US Jobs

Good news: “The US economy added 292,000 jobs in December, exceeding expectations, while the unemployment rate remained steady at 5%, Continue reading →

More Jobs Less Pay

The good news: job growth continues, and if it continues at this pace should fully recover within about two years. Continue reading →