Pay, employee tenure, and management responsibility are the three biggest indicators of turnover at small businesses. They’re also three things that business owners can actually do something about.
Gold provided an enforcement mechanism against mercantilism...Starting August 15, 1971, when Nixon closed the gold window, there has been no enforcement mechanism... That's a problem that tariffs cannot possibly cure.
With 28 countries and over €15.8 trillion in 2018 GDP (PPP) to its name... each member state contributes revenue, but it’s been argued that not everyone is pulling their weight...
Lautenschlaeger's resignation from the ECB Executive Board more than two years before the official end of her term comes shortly after her recent opposition to Draghi's open-ended QE.
A very modest 10bps rise in 30Y mortgage rates over the last few weeks has crushed the housing market's refinance boom, and hit the new home application side too.
The profits data paints a picture of rising earnings for the companies that comprise the S&P 500 index while profits for millions of other firms are stagnant, if not contracting. Are the earnings of S&P 500 companies “real” or are accounting gimmicks inflating them?
Central bankers suffer from what some might call fatal conceit. They actually believe that if they tinker enough, they can come up with a policy that will work “just right” ...But the truth is they don’t know.
Economists are already predicting “the world’s lowest growth in a decade”, but it is beginning to look like what we will be facing will be much worse than that...
