Recent Posts

Who can fix US Navy!

Adm Michael M Gilday, the chief of naval operations, sent a bracing message to his admirals and chief petty officers in July after he toured the aftermath of the horrific fire aboard the USS Bonhomme Richard in San Diego. “My gut tells me our Sailors met that challenge head on,” Gilday wrote to his senior staff. His advice: “Focus on ...

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Travel scars are looking permanent

Prior to the pandemic, the wealthy never travelled so well. With the economy on solid ground and financial assets soaring to new highs, investment in the travel industry boomed. According to the World Travel and Tourism Council, one in 10 workers worldwide, or 330 million in all, owed their jobs to the travel and tourism industry. In the five years ...

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US jobs report satisfies everyone and no one!

Investors who expected that the July jobs report would compel congressional officials to avoid a collapse in negotiations on a new coronavirus relief bill were met instead with data that seems likely to entrench Democrats and Republicans in their positions. Just consider the headline number: US payrolls increased by 1.76 million in July. On the one hand, that beat estimates ...

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