Hello. I’m Burnham Banks and I studied economics in the late 80s and early 90s. I’m still studying economics today and am still no wiser. This blog is a journal, a record of my thoughts and experiences. If we are destined to repeat our mistakes, we should at least repeat them faithfully. If not, then perhaps the past is a mischievous guide and we should try something new.
Thursday, 06 December 2018 | 8:48 am
ESG is gaining awareness among investors. To date there are some 120 ESG ETFs with 11 billion USD of assets under management. SRI investing is expanding and currently totals 12 trillion USD in assets. Why might ESG investing be important and useful from an investment perspective, that is discounting the social, ecological and governance aspects
Friday, 09 November 2018 | 4:13 pm
The consensus amongst investors is the following: The US is still a good place to invest because the economy is strong, inflation is under control, and policy is accommodative despite the Democrats winning the House and potentially stopping further shots of performance enhancing substances, the Fed is raising rates reassuringly and gradually, and finally, there
Friday, 31 August 2018 | 3:10 pm
Trump seeks glory and believes that it can be achieved by making America great again. He wants to do it his way. He found it unacceptable that a black man was President. He has never accepted the legitimacy of the Obama Presidency holding that Barack Obama was not born in America (he was, in Hawaii).
Monday, 27 August 2018 | 10:10 am
President Donald Trump has been spiking the punchbowl with Vodka just as theFed has been trying to dilute it before the party gets too drunk.
Monday, 27 August 2018 | 7:05 am
What is Trumponomics? * A balanced current account, to be treated fairly by trading partners. * High growth through low and declining taxes. * Low interest rates, low borrowing costs. The wish list of the US President is actually quite simple. What confuses or confounds his critics is that conventional economics make his objectives mutually