CNBC Appearances

December 26, 2018

To Our Valued Clients and Friends

To say that 2018 ended on a miserable note would be the understatement of the century. The economy grew at roughly a 3% rate. Corporate profits rose in excess of...

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,...