capital investment

As the downturn takes hold in the U.S., the obvious dilemma for investors is knowing which sectors to avoid. Financial stocks are a sector obviously fraught with risk as they have already sustained enormous losses with many more to come as…

I happened upon an article at "The Moderate Voice" about "Conspicuous Consumption" originally posted on UPenn's Wharton Business School's website. It's a great piece of research which explains nicely in part why Blacks and Hispanics tend…

The U.S. has been flashing red regarding recession for some time despite the naysayers.First, let me define recession because you usually hear that it's two consecutive quarters of a decline in real GDP. Not exactly. The National Bureau…

Today, as I write this blog entry, the U.S. Economy is in crisis. We have a massive consumer and mortgage debt problem. Gasoline and food prices are going through the roof. The U.S. dollar is plunging. People are losing their jobs and…

Note from June 2010: You'll forgive me if I have conflated private and public sector debt below as if they are the same. They are not. When I speak of deficit spending in the same voice as private sector debts, I really point to deficits to…