Politics & Policy

The Dangerfield Economy

By Victor A. Canto February 16, 2007

By any objective measure, the U.S. economy continues to perform in a more-than-respectable manner. Growth since the Bush tax-rate cuts of mid-2003 has averaged more than 3.6 percent. Historically sound ...

Politics & Policy

Another Good Year On Deck

By Victor A. Canto December 9, 2005

The economic indicators are painting a very bullish picture of the U.S. economy. In fact, the ongoing flow of good-news data has led President Bush to proclaim that the U.S. ...

Politics & Policy

Bernanke & The Price Rule

By Victor A. Canto October 26, 2005

The markets appear pleased with the president’s nomination of Ben Bernanke to succeed Alan Greenspan as Federal Reserve chair next year. But the imminent retirement of the Maestro poses two ...

Politics & Policy

Cutting Through The Static

By Victor A. Canto September 29, 2005

Recent natural and political events have the potential of creating a perfect storm that could derail many of the positive economic developments that were spurred on by the Bush administration ...

Politics & Policy

Greenspan The “Risk Manager”

By Victor A. Canto September 2, 2005

The remarks of Alan Greenspan at the recently concluded Jackson Hole conference were quite enlightening. The Maestro touched on what he considered the most important developments in the way monetary ...

Politics & Policy

Making Sense of “Mixed Signals”

By Victor A. Canto June 30, 2005

There is considerable disagreement regarding the future path of the U.S. economy. Manufacturing data continues to trend lower, but job growth and retail sales have surprised on the upside. In ...

Politics & Policy

The Growth-Driven Oil-Price Increase

By Victor A. Canto & Samir Ghia March 31, 2005

By Victor A. Canto and Samir Ghia The surge in oil prices has managed to grab the market’s attention. Some analysts worry that higher oil prices, acting like a new tax ...

Politics & Policy

It Takes Two

By Victor A. Canto March 4, 2005

Recent political events seem to be going President Bush’s way. Elections in Afghanistan, Iraq, Palestine, and Ukraine — and more recently the positive developments in Lebanon as well as ...

Politics & Policy

Good, Bad, and Ugly?

By Victor A. Canto January 31, 2005

Back on January 18, the Wall Street Journal published three stories that, taken together, painted a confusing picture of the current economic environment. The headlines set forth the muddle: “Tax ...

Politics & Policy

The Savings-Rate Scare

By Victor A. Canto December 10, 2004

By Victor A. Canto and Andy Wiese ’U.S. Savings Rate Near a Low Point” was the headline of a recent Wall Street Journal article. In fact, according to the story, It was ...