I continue to reference back to a Ted talk from 2014 by Nick Hanauer, who originally made his riches through a family pillow and bedding business, was an early investor in Amazon and now invests in new ventures. In “Beware… Continue Reading →
Public Pensions Consider this: you are saving for retirement and you have $100 in your pocket earning 7.25% interest. (We use that rate reported by the National Association of State Retirement Administrators, NASRA, as the current average, down from 8%.)… Continue Reading →
Explanatory theories about why things happen in the economy are hatched in historical context. Over time, conditions that supported a theory at one point in history may no longer work in another. Here, we look at fundamental changes (irreversible, in… Continue Reading →
As we approach the beginning of hurricane season tomorrow, congress failed for a third time to pass $19.1 billion disaster aid to help those affected by floods, hurricanes and wildfires. The bill includes aid for victims of hurricanes, flooding and… Continue Reading →
2019 Early Hurricane Season Forecasts While early forecasts of 2019 Atlantic Basin hurricane activity are out, meteorologists caution us not to become complacent. It only takes one hurricane making landfall in your area to make it an active season –… Continue Reading →
At the end of March, Glenn D. Rudebusch, Executive Vice President and Senior Policy Adviser for the San Francisco Federal Reserve Bank penned a commentary describing how “the consequences of climate change are relevant for the Fed’s monetary and financial… Continue Reading →
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