More Silver Linings In Alcoa Aluminum

You may recall that the first two weeks of Q1 2009’s earnings season had the perma-bears calling for earnings disasters in the Q1 results. Much of the media piled on proclaiming that a “sucker rally” was in progress. We are still waiting on that proverbial next leg down…

But then the earnings season kicked . . . → Read More: More Silver Linings In Alcoa Aluminum

It’s the Private Corporate Investment, Stupid

The first graph in The setting for the budget speech tells the story of the importance of private corporate investment. The text there says:

The economic reforms of the early 1990s got private corporate investment up from the region of 4% to a peak of 10%. This six percentage point increase of . . . → Read More: It’s the Private Corporate Investment, Stupid