Capital Commerce


December 2007


8 Bold Predictions for 2008

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Here you go, for what it's worth:

1) The economy expands at a greater than 3 percent pace in the second half, but polls will continue to show that most Americans think the economy stinks.

2) Greater supply, slower global growth, less geopolitical risk, and changes in consumer behavior push oil prices ...

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A Chat With Jack Kemp

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I am sick of the negativity out there right now. So what better way to dispel the gloom as we head toward Christmas than a few words from the always optimistic Jack Kemp, the 1996 GOP vice presidential candidate? (Efharisto to U.S. News superintern Matt Bandyk, who did the interview.)

What explains ...

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TAGS:
economy
Kemp, Jack
economic growth

The Greatest Economics Film Ever

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Let's see, a former Clinton treasury secretary—and some members of Congress—want Uncle Sam to consider a temporary $50 billion to $75 billion tax cut and spending plan to boost the economy. And Alan Greenspan wants the feds to start cutting checks to struggling homeowners. I examined the wisdom ...

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TAGS:
economy

Can Aliens Help Us Fix Our Problems?

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John McCain thinks we need a bipartisan panel, like the one created for military base closings, to come up with recommendations to reform the tax code. Hillary Clinton, Mitt Romney, and Rudy Giuliani want a panel to fix entitlement spending. If only the president and Congress could just pull ...

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TAGS:
Clinton, Hillary

Keep Cool About Inflation

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The always cogent James Glassman of JPMorgan opines on inflation and why we—and the Fed—should not worry:

November CPI gains were slightly higher than analysts predicted, one of the rare upside surprises in a long time, and it was rightly dismissed as noise by most. For a moment, the upside ...

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TAGS:
inflation
JPMorgan Chase

The Economy Ain’t Dead Yet

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More news today hinting that the economic slowdown will be just that—a slowdown, not a recession. The ADP estimate for the increase in November payrolls was a bullish 189,000, suggesting a total payroll gain—public and private—of some 225,000. The current consensus guess from Wall Street is 70,000.

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TAGS:
economy

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