Americans’ desensitization to the pandemic’s skyrocketing death toll vindicates Joseph Stalin’s famous observation: “One death is a tragedy; a million is a statistic.” The danger of this approach, of course, is that it relieves government of its obligation to act – opening the way for far more COVID-19 deaths. Continue Reading
US President Donald Trump has seeded the investment environment with uncertainty, trashed America’s trade relationships, blown up the fiscal deficit, and left American workers worse off than they were when he took office. He is the polar opposite of Joe Biden, a politician who understands precisely what the US economy needs. Continue Reading
Jackson Hole Economics is a private research organization which provides commentary and analysis on economics, politics, the environment and finance, and develops actionable ideas for how sustainable growth can be achieved.
Rather than obsess over tax rates, investors should consider more broadly how economic, policy and political factors will shape the market outlook in the years ahead. Continue Reading
The S&P 500 is down more than 7% in September, the Dow Jones 6% and the Nasdaq Composite more than 10%, into correction territory. Continue Reading
