Digital currency dreams meet regulatory realities If Winston Churchill is right and generals are always ready to fight the last war, the same holds true for financial regulators, who are always ready to fight the last recession. While Churchill meant it as a commentary on being behind the times, when it comes to cryptocurrency, the […]Read More
Economic disappointment is the new normal Anyone still waiting for a “new normal” is going to be disappointed. And they have a lot of company on that bandwagon of broken dreams. With headlines blaring daily about inflation, supply chain problems and the amusement park ride that is Wall Street, it’s not surprising there’s a lot […]Read More
On the path to economic stability When the Federal Reserve Board raised interest rates earlier this month, it marked another step in the nation’s economic journey. After more than two years of navigating the uncharted territory of a global health crisis, the central bank’s biggest interest-rate hike in 22 years, and the second this year, […]Read More
Celebrating a nation of entrepreneurs If 19th century England was a nation of shopkeepers, as Napoleon Bonaparte said, then it is fair to say 21st century America is a nation of entrepreneurs. Not just the famous ones whose pithy quotes are posted on social media as digital guidance for aspiring business owners but also the […]Read More
A mighty wind could fuel future growth The United States marked an energy milestone last month, but it passed like so much dust in the wind. On March 29, wind turbines produced more energy across the country than nuclear or coal-fired generation plants, according to readings from the U.S. Energy Information Administration’s Hourly Electric Grid […]Read More
Patience is an (economic) virtue If Albert Einstein’s explanation of relativity — , but when you sit on a hot stove for a minute, you think it’s two hours — is accurate, then it is also true that the more anxious you are for monetary policy to have an effect, the longer it seems to […]Read More
Florida agriculture, a chip off the old industrial block March 14 was National Potato Chip Day, and hardly anyone noticed. That comes as no surprise since most people didn’t even know it existed. While there is a national something-or-other day nearly every day, those little bags of heaven that make brown-bagging it a little nicer […]Read More
Are central banks ready to jump on the crypto bandwagon? That paper currency in your wallet may be in line for an upgrade, and by that, I mean something a little more high-tech than recent redesigns and security add-ons. With cryptocurrency attracting more attention from investors – not to mention Super Bowl advertisers – central […]Read More
January jobs report jolts conventional wisdom With predictions of job growth in January ranging from a gain of 150,000 to a loss of more than 300,000, prognosticators and pundits were thrown for a loop when the Labor Department reported a gain of nearly half a million jobs for the month. So how did everyone get […]Read More
Success, like beauty, is in the eye of the beholder It’s been said that nothing succeeds like success. And while that bit of alliteration makes for a catchy phrase, what does it really mean? What is success? The dictionary defines it as “the accomplishment of an aim or purpose” as well as “the attainment of […]Read More