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Public Universities Still Reeling from Great Recession — Plan Accordingly

Public Universities Still Reeling from Great Recession — Plan Accordingly

Happy 5/29 Day! In this blog, we review a New York Times op-ed piece by David Leonhardt that goes into the Great Recession's lasting damage to state funding of public universities, and how it has contributed to the hardships of lower- and middle-income Americans.

The Paris Climate Agreement and American Competitiveness

The Paris Climate Agreement and American Competitiveness

Trump's environmental, trade, and immigration policies, risk doing serious and lasting damage to American economic competitiveness. Human talent and financial capital know few borders in today's modern world. Let's not let America's overall economic competitiveness in the world go the way of America's automotive industry.

No Convergence Between Hard and Soft Data in Q1 GDP Numbers

No Convergence Between Hard and Soft Data in Q1 GDP Numbers

The conundrums continue. Despite strong consumer and business confidence, economic activity is tepid. Q1 GDP growth was only 0.7 percent, and real personal income wage growth was only 1.0 percent. Right now markets are betting that economic activity will rise to meet the high levels of confidence. We hope the markets are right, but we have our doubts. 

1Q17 CIO Commentary

1Q17 CIO Commentary

In this quarter's CIO commentary, we review the impact of Trump's first months in office on the investment markets, comment on Europe's many economic challenges, and discuss a new developed equity market investment in AlphaGlider strategies.