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Japan’s Three Decades of Depressive Stimulus Schemes

The New York Times reports optimistically that “Japan Approves Fresh $1.1 trillion Stimulus to Combat Pandemic Pain.” But why would any of it help “combat” a “virus fallout” or “stimulate” Japan’s economy? By “economy” do we not, as economists, refer to output, the production of goods and services, to real GDP at the least? If so, how can deficit spending create wealth?

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November Monthly Market Insights

November Monthly Market Insights

  • Earning Season
  • Trade policy
  • Potential government shutdown
Monthly Market Insight

Monthly Market Insight

August 2019

  • Dow reaches 27,000
  • S&P breaks 3,000 for the first time
  • Potential warning signs from the Fed