The Signposts of Change: Economics, Rules, Markets

We have three topics for today: what’s happening with the economy, the rules (informal and formal)  that affect ongoing changes,...
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Investing and Farming: Know the Climate

The longer I manage money, the more it looks like farming. In mid-February 1992, we had 70º weather in Pittsburgh....
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The More Things Change, the More They Stay the Same

One major function of recession is to dampen consumer enthusiasm, typically after years of growth. Another function is to make...
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