The Coronavirus, aka COVID-19, is as nonpartisan as it gets. There have been Democrats, Republicans, and Independents infected by this virus. Democrats, Republicans, and Independents have died from exposure to this virus.
We are collectively experiencing something the likes of which most of us have never seen, an Economic Sudden Stop. But what the “insert your favorite expletive” is an Economic Sudden Stop?
Welcome to the new Roaring Twenties! As we close the previous decade and embark upon a the next one, it is useful to reflect on the major theme of the past to guide us into the future. We started the previous decade coming out of a recession sparked by the worst financial crisis since the great depression. This trauma set the stage of the US economy for the 10 years that followed.
It’s that time of year again … when family and friends come together and … debate whether Die Hard is a Christmas movie. Unfortunately, I cannot weigh in on that debate (I’ve never seen Die Hard), but I can say with confidence, the US economy is Hard to Kill (I have seen that one).
Last week the world’s youngest billionaire, Kylie Jenner, sold 51% of her beauty business, Kylie Cosmetics to fragrance and cosmetics company Coty, Inc ("Coty").
