Mark Skousen, Ph. D., is the editor of the monthly investment newsletter, Forecasts & Strategies, as well as three weekly trading services, Skousen High-Income Alert, Hedge Fund Trader and Fast Money Alert. He also is a professional economist, investment expert, university professor, and author of more than 25 books. He earned his Ph. D. in monetary economics at George Washington University in 1977. He currently holds the Benjamin Franklin Chair of Management at Grantham University. He has taught economics and finance at Columbia Business School, Columbia University, Barnard College, Mercy College, Rollins College and Chapman University. He also has been a consultant to IBM, Hutchinson Technology and other Fortune 500 companies.
The U.S. Treasury Department reported that a taxpayer just sent the government a check for $2.2 million to help reduce the national debt. The national debt is now at around $19 trillion and rising.
Since the mid-1970s, Ive attended every New Orleans Investment Conference, the granddaddy of gold-bug conventions.
A travesty of justice occurred at this years New Orleans Investment Conference. One of the speakers, a veteran Canadian investment writer, who has presented at the event almost every year since the 1970s, was denied entrance into the United States because he didnt have a work permit to give a speech in America.
Raising the minimum wage will put money in the pockets of consumers and will stimulate the economy. Robert Reich, former Secretary of Labor
This is a tale of two Midwestern businessmen who live only 300 miles apart. In May, I traveled to Omaha to attend Warren Buffetts 50th shareholder meeting for Berkshire Hathaway. Five months later, I flew to Wichita to meet with Charles Koch (pronounced coke), who just released his new book, Good Profit.
When the market officially entered a correction a few weeks ago, many analysts suggested a severe bear market was ahead or something even worse.
In the mid-1990s, when I was a columnist and part-time investigative reporter for Forbes magazine, I interviewed David Rockefeller in his famed office, Room 5600, at the NBC Studios building in Rockefeller Center.
I recently met Joel Osteen, the prosperity preacher and TV evangelist from Houstons Lakewood Church. My wife introduced me to him but I had enjoyed his sermons for a number of years. Hes not your standard hellfire and damnation pastor. Hes always upbeat, telling down-to-earth stories without being overly emotional.
Free market capitalism requires substantial progressive income and estate taxation. Lanny Ebenstein, Chicagonomics: The Evolution of Chicago Free Market Economics, p. 202.
When Pope Francis visited the United States last week, he elevated Father Serra to sainthood at the Mass at the Basilica of the National Shrine of the Immaculate Conception in Washington.
Good economists need to look not only at the value of final output, known as gross domestic product (GDP). They also should look at how the final output was achieved by measuring the stages of production, or the supply chain.
Yogi Berra died on Tuesday at the age of 90. I grew up watching Berra and the other great Yankees in the 1950s, and I became a fan even before moving to New York.
In 1999, I met Newt Gingrich, the most influential Speaker of the House in the 20th century, for the first time.
The August 29, 2015, issue of The Economist lambasted the West, and the United States in particular, for failing to address a ticking time bomb rebuilding its roads, bridges, airports and other infrastructure when interest rates are low.
With Pope Francis visit to the United States next week for the first time I suggest you read the column by Pat Buchanan on the Popes social philosophy, which appears to be quite anti-capitalist. Lets hope the Pope gets a more positive view of capitalism after visiting the center of capitalism New York next week.
Stay with the winners Invest simply Be your own financial advisor. Donald Trump, How to Get Rich
A Chinese stock market crash could set off a chain reaction around the world. (August issue, Forecasts & Strategies, p. 4).
This Labor Day weekend, millions of Americans will be driving the interstate freeways, facing a nightmare of traffic congestion. According to the Texas Transportation Institute, U.S. commuters will spend about 42 hours a year stuck in traffic jams.
Over the years, Ive met quite a few friends and relatives who need regular income but are afraid of the stock market, especially when it plunges from time to time (like it did on Monday, Aug. 24). They prefer to invest in income-producing real estate.
Consumer spending represents about two-thirds of the U.S. economy. Mitch Zacks, Zacks Financial Services (August)