Now vs. the ’90s: Comparing America’s Two Longest Expansions
Politics

Now vs. the ’90s: Comparing America’s Two Longest Expansions

Two economic roads have diverged in an American wood. Fortunately, America has been able to travel both.  Today, July 1, the U.S. economy entered into its record-setting forty-first consecutive quarter of expansion, surpassing only the forty-quarter boom of the 1990s. What will become a quick clip in the twenty-four-hour news cycle should instead be a … Continue reading

HFT Firms Manipulating NASDAQ
Economy / Regulation / Stock Exchange / Trade

HFT Firms Manipulating NASDAQ

Threatening equity markets, stock manipulation is among the hottest topics for investors today. Michael Lewis, author of Flash Boys: A Wall Street Revolt, describes the U.S. stock market as rigged in favor of High Frequency Trading (HFT) firms.  In a 60 Minutes edition, Lewis stated that these firms are able to “identify your desire to … Continue reading

Economy

Kirk and trade: agenda has #biwinning potential

U.S. Trade Representative Ron Kirk appeared before lawmakers today to discuss a loaded trade agenda. Hoping to build on recently passed, very long overdue free-trade agreements with Colombia, Panama, and South Korea, Kirk discussed implementation of those agreements and continued efforts to increase exports and create jobs. Senators questioned Kirk on a range of trade … Continue reading