Recent Posts

Trump is still dreaming of a 1950s-era economy

Have you ever had the wild thought that if you shut your eyes really tight and then opened them again, you’d wake up and find that you were a kid again, and that your whole adult life had been one long dream? No more backaches, no more mortgage payments, just Saturday morning cartoons and Mom and Dad waiting for you ...

Read More »

Boeing needs to stay out of its own way

What goes up must come down, unless we’re talking about Boeing Co. The plane-maker — now also the biggest US industrial company after doubling its market value over the last year — reported fourth-quarter results last week that were nearly perfect. The recently passed US tax legislation contributed an outsized $1.74 to Boeing’s fourth-quarter earnings per share, equating to a ...

Read More »

Kuroda deserves a second term as BOJ governor

The re-election of Prime Minister Shinzo Abe in October was welcomed warmly by stock market investors. The reappointment of Bank of Japan Governor Haruhiko Kuroda to another five-year term starting this April would also be viewed as a reassuring sign of policy continuity. The Japanese tradition of naming economic expansions after Shinto deities dates back to the 1950s. A fitting ...

Read More »
Send this to a friend