CNBC Appearances

November 01, 2018

The Month of October

The 6.9% decline in the Standard Poors 500 Stock Index during October, the biggest monthly decline since September 2011, reflected economic fundamentals as well as seasonal and technical factors.The index...

October 25, 2018

Confused and Afraid

Every economic recession in the entire post war period has been precipitated by the efforts of the Federal Reserve Board to curb and reverse accelerating inflation in the U.S. Historically,...

October 10, 2018

Normal Market Correction or Worse?

We recently responded to a survey put forth by one of the major investment firms inquiring of institutional investors their views toward the economy, the stock market in general, favored...