Topic Category: U.S.

Steve Jobs’ death was a sad and traumatic event for Apple. His ability to drive marketing and product design was truly amazing. It was unheralded the way he was able to see the market for the MP3 player, drive a better design, and use this product to move a niche computer company to unimaginable heights. Yet, Jobs also held the company back.

Topic: U.S.
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The recent story of a Liberian man in Dallas who had Ebola sparked a political conflagration around travel restrictions for countries where there are Ebola cases. The virus does not appear to have spread from him to anyone that did not come into direct contact with him in the Dallas hospital.

Topic: U.S.
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China’s university system is growing. However, the People’s Republic of China still lags behind the U.S. and other Western nations. Chinese students increasingly are heading to America for higher education. While recently playing tourist in Beijing I spoke to a number of young Chinese. They were bright and inquisitive, ambitious and nationalistic. They worried about finding good jobs and were irritated by government restrictions on their freedom.

Topic: U.S.
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The rally in U.S. Treasuries this year is due in large part to China’s continued appetite for longer-term U.S. government debt. In the first five months of this year, China bought $107 billion of Treasury debt maturing in more than one year, up from $81 billion for all of 2013. That pace is the fastest on record and has put downward pressure on yields even in the face of the Federal Reserve’s decision to end quantitative easing by October.

Topic: U.S.
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The U.S. has experienced 11 recessions since the end of WWII and the most recent one has been the most severe. The Great Recession started in December 2007 and ended in June 2009 as determined by the National Bureau of Economic Research, an independent group of economists that has officially defined business cycles since the 1920s. So June 2014 marks the fifth anniversary of the end of the Great Recession.

Topic: U.S.
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The U.S. Federal Reserve Bank’s three rounds of quantitative easing and near-zero target for the federal funds rate have not provided the promised stimulus. The idea that dramatically expanding the Fed’s balance sheet and rapidly increasing the monetary base would revitalize the real economy is a fantasy. Printing fiat money does not lead to economic growth.

Topic: U.S.
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Today’s new innovations and technologies are having a tremendous positive — and disruptive — impact on the United States and the world. These new drivers of growth, which likely will create trillions of dollars in new economic output, are transforming industries, labor markets, and the global economy at warp speed. But they also are forcing companies to redesign business models and workers to adapt or face harsh consequences.

Topic: U.S.
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We're all familiar with the book, The Grapes of Wrath, the depression tale of millions of desperate families during the 1930s that headed to California for promised jobs. I'm not suggesting we're at this stage yet, but for millions of unemployed Americans, they are finding that the local job market has dried up and they may need to relocate to more prosperous areas.

Topic: U.S.
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Broad immigration reform may have stalled but Rep. Goodlatte (R-VA), Chairman of the House Judiciary Committee, is considering reforming the asylum system. He recently said, “Our immigration system should be generous to those persecuted around the globe, but we must also ensure our compassion isn’t being abused by those seeking to game the system.” Goodlatte and others are on a fact-finding mission that will shortly lead to legislation.

Topic: U.S.
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When President Obama announced his Climate Action Plan, he essentially aimed the big guns of government at the Coal Industry. By directing the EPA to draft carbon emission standards for coal fired power plants, that is unattainable with current technology, many believe the President has set the table to legislate or flat out mandate the end of coal generated electricity.

Topic: U.S.
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