llterry5

January 10, 2019

SHI 1.9.19 – Just Kidding?

On September 20, the S&P 500 closed at 2,931.  One day before Christmas, December 24, it had slipped down to 2,351.   A 20% decline.  Ouch.  That […]
January 2, 2019

SHI 1.2.19 – Happy Gnu Year!

So what does a gnu have to do with economics, you ask?   Not a darn thing.  I just happen to like gnus.  And gnu is […]
December 19, 2018

SHI 12.19.18 – Spend Like There’s No Tomorrow

Or so sang Liza Minelli and Joel Grey in the 1974 movie ‘Cabaret!’  Never seen it?   Let’s change that right now: https://www.youtube.com/watch?v=PIAXG_QcQNU Money, money, money, money.   […]
December 12, 2018

SHI 12.12.18 – The Wealth Effect

  We’re rich!  Maybe not you … and perhaps not me … but America is!   Back in 2008, at the bottom of the “great recession,” U.S. […]