Columnists John Grace Opinion

ON THE MONEY: Ready for a market correction? Probably not

What it takes to be a successful investor these days can be summarized in four words: bigger gambles, lower returns. It used to be the case that reducing risk was accomplished by holding bonds. Now the job of risk reduction has simply become more complicated. Former Lehman Brothers analyst Brian Sozzi asked and answered a Read More…

Columnists John Grace Opinion

ON THE MONEY: The next recession hits blacks and Hispanics hardest

In earlier columns, I have addressed President Donald Trump’s assertion about the U.S. economy that, “This is the greatest economy that we’ve had in our history, the best.” Let me be clear: it’s not. Trump’s trademark hyperbole consistently takes favorable economic news and then wildly exaggerates it in his boast of record achievement. Trump’s “record Read More…

Columnists John Grace Opinion

ON THE MONEY: The greatest economy ever is not happening now

Whether or not you thought a fed move on interest rates would greenlight a brilliant move or cause for some improvement on the economic dial, the accompanying graph tells the whole story. What you see is an entrenched, self-interested, and Acela Corridor-dominated global elite that has turned the entire apparatus for its own devices. The Read More…