Recent Posts

Why the US trade deficit is big, but not bigger

aThe trade deficit is a lot smaller than it was a decade ago: Over the 12 months ending in June, according to data released last week by the Commerce Department, the US imported about $531 billion more in goods and services than it exported. In 2006, the deficit was $762 billion. Those numbers aren’t adjusted for inflation; if they were, ...

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Analysts can not stop cutting profit forecasts

Largely lost in the debate over how much credit President Donald Trump should or should not get for the performance of US stocks this year is that perhaps the biggest reason for the rally is strong earnings. With more than 90 percent of the S&P 500 members having reported second-quarter results, earnings growth is tracking at a 12.2 percent pace ...

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For the sake of productivity, put a woman in charge

If you’ve never tried a Japanese snack called Jagariko, I highly recommend it. When I visited the Tokyo offices of Japanese snackmaker Calbee Inc., I made sure to ask if I could have a free pack of my favorite snack. “Maybe,” the managers hedged. I wasn’t at Calbee to talk about their potato sticks, but their corporate culture. Calbee is ...

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