Recent Articles from Bill Greiner
Growth at a snail’s pace
There is an old economic phrase which reminds us of the current economic malaise in our country: “growth recession.” The term refers to an economy which is growing so slowly that it creates net unemployment. The term was created by Dr. Solomon Fabricant of New York University. While technically the economy continues to grow (latest […]
Why does government exist?
A significant factor which may drive macro economic growth is the dilemma of government spending and growth of spending. It is appropriate for us to make a comment as to the rancor on both sides of thepolitical aisle which is occurring in Washington – and on a worldwide level as well. It is becoming evident, […]
The same old story: borrow to buy
As we have consistently stated, the main event (or the main problem) in the world’s economy has to do with the social/business model that has been adopted and promoted by many western-oriented societies during the last 20 years — the act of borrowing capital to bolster spending. This has been a common theme for individuals […]
The wild, wild world of economic forecasting
Nobody said it was going to be easy. Economic and financial market analysis is a tough business, especially these days. There are always cross-currents to weigh when considering both economic trends and financial market movements. Both positive and negative factors need to be analyzed as to their importance and sustainability. Valuation levels need to be […]
Sell in May and go away
There is an old market expression which states: “Sell in May and go away.” In other words, traditionally the U.S. stock market tends to experience seasonal swoons. Going back to 1900, studies indicate the two periods when stock prices tend to be weak are from April to June and again from September to October. So, […]
The economic future is rosier than expected
We have been calling for GDP to average 3.0 percent real growth in 2010. This call was initiated in August of last year and the consensus (average economist view) of the annual growth rate at that time was 2.6 percent. Since then, we have not made any adjustments to the initial forecast. Now, the consensus […]
The economy’s picking up steam
Many are wondering about the future of the Federal Reserve’s interest rate policy. Additionally, many are worried about the durability of the current stock market’s upward move, if and when the Fed starts to raise interest rates. We, too, are concerned about this issue but believe there is some time in front of us for […]