Maury Harris was Managing Director and Chief Economist for the Americas for the UBS investment bank. He has been named numerous times to the Institutional Investor AllAmerica Research Team over the past two decades. Dr. Harris is a past President of the Forecaster’s Club of New York. In the January, 2012 issue of the Bloomberg… Continue Reading
Economics is often called “the dismal science”. And economists are very pessimistic about the near-term outlook as a result of the recent COVID19-related “lockdown” of vast swaths of the U.S economy. Continue Reading
As the pandemic spreads, so too do fears of recession or worse. Respected forecasters speak of 30-50% declines in US gross domestic product, the broadest measure of economic activity. Unemployment could spike to 20% or higher. In some countries, such as Italy, the economic consequences could be even worse. Left unaddressed, it is no exaggeration… Continue Reading
The wealth tax proposals by some major Democratic party Presidential candidates initially have received broad bipartisan polling support and could be in the Democratic party platform adopted in mid-July of 2020. Continue Reading