Tag Archives: attributive value

The Critical Method

Apple’s CEO, Tim Cook, recently criticized Facebook for being in the situation it is in. Facebook’s CEO, Mark Zuckerberg, rejoined by saying the business models are not comparable and Cook’s critique is not valid. Mr. Zuckerberg argues that networking everybody … Continue reading

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The Mischaracterization

Not a lie, but a bad interpretation? Is that what we have when expert analysts say that stock-price indices — at new record levels today — are because the tax-cut bill was not priced in? The momentum of equity prices … Continue reading

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What Is Actually New!

President Trump attributes the DOW above 25k to his policy program. Yes, we have a new number, and it has an attributive value. The President is using the new number to support the value of the tax-cut program he signed … Continue reading

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Nine Tenths

The value of the so-called “Trump rally” is conspicuously missing. Equity indices are at record levels, supposedly, because investors anticipate favorable tax reform. The Dow, however, after news that the Senate does not favor the House’s reforms, could barely fall … Continue reading

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Run to the Store

The DOW has run 1000 points to a record high three times this year. It is now above 22k. Things must be great, but as many business analysts point out, equity values continue to run higher against slow GDP. The … Continue reading

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transiens ad surrealm

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EPI’s Statement on the Fed’s Rate Hike

http://www.epi.org/press/fed-should-return-to-setting-policy-by-evidence-not-autopilot/?utm_source=Economic+Policy+Institute&utm_campaign=ed09e5e05b-EMAIL_CAMPAIGN_2017_06_16&utm_medium=email&utm_term=0_e7c5826c50-ed09e5e05b-58142357&mc_cid=ed09e5e05b&mc_eid=326484247d *** EPI’s Josh Bivens says that the last rate hike does not align with objective reality. The Fed, however, contends that its policy program is reactive, not proactive. Again, keep in mind, what we have here is an inverse-identity … Continue reading

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