Apparently in Congress, your opinion on the deficit changes based on whether or not your party controls the White House. In 2011 Republicans were willing to die on the hill of fiscal responsibility when President Obama asked for a debt ceiling increase. Democrats argued we needed to spend the money
A year ago, the “experts” were shocked when Donald Trump won the electoral vote for President. Since that time we’ve seen an already divided country become even more divided. We seem to have entered a phase in our social cycle where a large majority of people believe their way
Nearly a year ago Republicans took control of Washington. During the election campaign they promised big changes that would spur a sharp increase in economic growth. One of the primary drivers of their plan was to slash taxes. A year later we finally are seeing their ideas take shape and
A few weeks back, Dr. Richard Thaler won the Nobel Prize in economics for his work on behavioral finance. Anybody associated with SEM the last few years is quite familiar with his work as it along with others in the field has been the major driver behind the re-design of
Last week was the 30 year anniversary of the 1987 crash. We heard stories from many people about what it was like back then. Most of the stories included a long-term chart illustrating how the crash was just a minor blip on the long-term chart. The message — don’
