The Globalization 101 website has what I consider to be a very good and useful definition of globalization. What I like about it, and why I use it with my students, is that it takes in "non-economic" factors - culture, technology, and politics - when examining the impact of Globalization. Once you'v ...
The economy has been on a roller coaster ride since the cyclical peak of December 2007. (See illustration.) The gradual slide of early 2008 turned into a terrifying freefall in the last quarter of 2008 (after the Lehman Brothers bankruptcy) and the first quarter of 2009. Now the train is probably at ...
Talking Points Microeconomics deals with how households and firms use limited resources to effect the supply and demand of goods and services. Macroeconomics is the sum of total economic activity of a region (like the US) that takes into account growth, inflation, government regulations, etc. Analys ...
State of the economy Prime mortgages and home loans have hit a three decade high today- according to the MBA. One out of six mortgages and loans are in default. The foreclosure rate is staggering and getting worse, not better. The claimed number of foreclosures have appeared to stabilize, but that i ...
Many investors and members of the financial press are only now recognizing that stock prices have lost ground over the last 10 years, labeling this period as the “Lost Decade”. In April 2003, Pring Turner Capital Group published an article which posed the question: “Whither the Secular Trend of Equi ...
Tommy asked: Most investment textbooks say to use a top down approach, where you start with the general state of the economy. They normally give some vague determinations like expected fiscal/monetary policy. Exactly what numbers should an individual investor look at to determine what general area i ...
Econometrics fuses together math and basic economics to examine how certain variables might affect an economic relationship. Much of this work is theoretical, using different possible scenarios plugged into formulas. For instance, governments and banks often use applied economics methods like this t ...
Econometrics unites economic theory with economic statistics and mathematics. The end goal is to analyze and test economic relationships, using different scenarios and theoretical situations to predict what might logically happen. Students who do well in this discipline are generally bright in finan ...
As I have written here in a previous post I predicted that you would see the following headline frequently. Back then gold hit $1,040 per ounce. Today it hit $1,117.05. That is a rise of $77.05 or 6.76% in the last month. Gold hits record highs near $1,120 Jan Harvey London — Reuters Published on We ...