Whether you long for Reagan’s Morning in America, voted for Obama’s Hope and Change, or to Make America Great Again, you have found the right place because SOLUTIONOMICS is about solutions, not politics.
It’s not left, it’s not right, it’s about ROI. Implementing a decision-making process based on return on investment “ROI” is the first step in improving our economic and political systems.
Working over twenty five years in America’s financial sector for both large and small companies and now as the director of research and strategy for a $10 billion institutional investment fund manager, I have experienced firsthand what drives economic growth, what stimulates job and wage growth. And I’ve seen up close both how the financial sector operates and its role within the economy. My experience also includes advising the Chicago and Washington, D.C. districts of the U.S. Federal Reserve as well as CalPERS, the largest U.S. public pension fund.
In the 90’s the catchphrase was, “It’s the economy stupid.” Today wise investors will adopt the catchphrase, “It’s the consumer stupid”. Why? The U.S. economy is currently a single engine economy driven by consumer spending. And much like flying, it is generally better to be supported by two engines instead of one. Because of this, […]
Is it safe to assume that China wants a meaningful trade deal with President Trump? If not, that has very real economic ramifications and consequences for investing strategies. Up to this point, discussions of the U.S. – China trade war often assumed the only question was when a trade deal would get done and under […]
While there is ongoing debate whether we are heading toward a recession, what is indisputable is that job and economic growth continues to slow. This sometimes gets overlooked as predicting recessions can be more interesting than looking at today’s facts. Fact 1: Monthly job growth has slowed significantly from 2018. September added 136,000 jobs, well […]
Weakening job growth provides further support for focusing more on capital preservation than capital accumulation. While the next recession may be the subject of talk around the watercooler and at cocktail parties, you don’t have to know when the next recession will occur. What you do need to know is that economic growth is already […]
Reading the press following Federal Reserve Chairman Powell’s testimony to the House Financial Services Committee committee last Wednesday, one would have been convinced that the Federal Reserve was going to cut rates by the end of July. It was largely portrayed as being as certain as death and taxes. And while the odds are better […]
In the odd but true category, equity markets again reacted negatively to a positive jobs report. Despite the negative equity market reaction, this job report is good news for the economy and you. Hear more on today’s Solutionomics podcast where you get real news and insight into the events shaping the nation’s economy, financial markets, […]
As President Trump prepared to meet with Chinese President Xi Jinping at the G-20 summit in Osaka, Japan, most American analysts were focused on whether Trump would make a trade deal with China or play hardball and be willing to walk away from a deal. Importantly, some incorrectly assumed that Xi was ready to make […]
Unlike the president of China, Donald Trump is not president for life. This and the political realities of facing reelection in the 2020 presidential election will likely force Trump into eventually making a deal with China. The recent escalation in the trade war between the U.S. and China has investors, companies and Americans on edge, and for […]
Less than 12 months after seeing its corporate tax rate slashed by Congress, General Motors (GM) announced it will lay off 14,000 workers. That doesn’t exactly fit the script some in Congress and the president laid out when pressing for passage of the Tax Cuts and Jobs Act (TCJA) in late 2017. Either out of embarrassment or […]
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