Should we be bracing for inflation or deflation?
One of the more fascinating debates in the financial world for me the past few months is a debate regarding whether we are heading toward inflation or deflation. I follow many smart economists and market experts on both sides of this argument. After reading a lot of research papers with arguments on both sides, I…
Where is the Help for Small Businesses?
First off, apologies for not writing for a few weeks. I have had a few “too many irons in the fire” lately, and although still in that situation, I decided to take a break tonight and get a post out. And quite frankly, I am irritated at my government right now. Our great, all-wonderful Federal…
A New Bull Market or a Classic Bull Trap?
Pretty simple guys. Stocks always go up, and even when they don’t they do. Dave Portnoy, aka Davey Day Trader Global These days, if you need to be entertained and have a good laugh, all you need to do is get on Twitter and see Davey Day Trader go up against the stock market “experts”…
Markets and Economy Update – Laughing So Hard It Hertz
Greetings all, and happy Canada Day to all my Canadian friends, and an early happy Independence Day to my U.S. friends and family. Now that I have covered some background, let’s walk through the important developments in the past 1-2 weeks in regards to financial markets and the economy, which all tie in to our…
Mistaken Macroeconomic Policies, Part 2
This week I am going to build on my last post of a couple of weeks ago and cover the central bank mis-steps in more recent times that are now putting the world at risk of significant economic shocks. Although the timing is difficult to predict, I expect the 2020s will be an extremely challenging…
Mistaken Macroeconomic Policies, Part 1
According to the common narrative after the Global Financial Crisis, the world’s leading central banks were the heroes that saved the day. And more recently, the central banks, especially the U.S. Federal Reserve, once again rescued the credit markets this year as the Pandemic unfolded. However, what if I told you that many economists believe…
The Fourth Turning
I must admit that last night I was saddened to see the protests that are turning violent across the U.S. I get the anger, and I am all for peaceful protests, but I must admit I don’t like seeing the violence and destruction that is taking place. I am sure many of us are confused…
Get Ready for a (Tidal?)Wave of Bankruptcies
My first memory of Hertz was as a kid back in 1977, when the famous O.J. Simpson commercials were a big hit. Of course, that was before all of the controversy that eventually tarnished O.J. for the rest of his life. The big news in the business world Friday night was the bankruptcy announcement by…
Economic Impact of COVID-19
When the SARS (severe acute respiratory syndrome) hit southeast Asia in early 2003, I was working in the U.S. real estate organization of my company, and I was not personally affected by this virus. I do, however, remember getting a call from my good friend Joe at the height of the epidemic. Joe, who had…
Introducing the Seay Economics Blog
For as long as I can remember, I have had a dream of being a writer. I just struggled to figure out what I could write about that would capture someone’s interest. I have also just lacked the confidence to put pen to paper (or, rather, fingers to keyboard) and share my experiences. I am…
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