Dec 22, 2020
Congress just recently passed a new COVID-19 relief package coupled with $1.4 trillion spending bill. When AOC and Ted Cruz are both in agreement in saying they have not had enough time to read the bill before voting, is a sure sign that something is amiss. How much of it is relevant to the COVID-19 pandemic? Is $1.3...
Dec 15, 2020
The recent Initial Public Offering (IPO) market has been red hot, with valuations stretching the imagination. Are the good times here to stay? Can companies like Airbnb, DoorDash, and Snowflake grow fast enough to command these prices? Or is it déjà vu all over again, as in the dot.com bubble?
Dec 8, 2020
Minimum wage is simply a price floor for labor. When the minimum wage is above the market clearing price there will be a surplus. Does the federal government have enough information to decide what the minimum wage should be on the local level? Perhaps the central government is not the best decisionmaker when it comes...
Dec 1, 2020
In a recent conversation with a local federal reserve representative John made mention of how the pandemic has altered global supply chains. Many manufacturers have become all too reliant on China to be the supply house for the global economy. As we all know, putting all your eggs in one basket is generally not a good...