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Business Cycles Aren’t All Bad

Business Cycles Aren’t All Bad(1)

July 2, 2009

It’s a matter of trust

Most economists today consider business cycles to be credit cycles. In other words, they have to do with public confidence, or trust, in our economic infrastructure. When confidence is high, credit flows and economic activity increases. Eventually, confidence reverts to the mean and below, before repeating the cycle. More deeply considered, all economic activity has to do with trust. The story of the development of that trust from personal to infrastructural is the focus of this article.

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Business Cycles Aren’t All Bad
5 Fundamentals for Success

5 Fundamentals for Success

These times demand that you manage your money with sound fundamentals in mind. Most people think that investing is about buying stocks and watching the price of their assets go up from the moment they buy. That’s for amateurs and gamblers.

Retail Investing: Unsuitable for Retirees

Retail Investing: Unsuitable for Retirees

As the name implies, retail investing relies on advertising, cache and glamour in order to move product to consumers. For investment bankers and for too many stock brokers, stock is a product. Like retail stores, various wirehouses sold the product to customers (there is no such thing as a retail client, is there?)

Conservative Investing Requires Care and Planning

Conservative Investing Requires Care and Planning

Conservative investors have a guide for investing retirement funds. The uniform Prudent investor Act is used by trusts and institutions alike.


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