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[ • 21 Aug 2019 • No Comment ]
The threat of a recession is on the minds of investors. Some traditional measures of the yield curve are inverted and, in the past, those have preceded recessions. The link between an inverted yield curve and a recession has so dominated recent financial news that for some investors it’s no longer a matter of whether we get a recession, but how long until it starts. What these investors are ignoring is how different recent circumstances are from the environment that preceded prior recessions. Think...


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[ • 21 Aug 2019 • No Comment ]
Donald Trump is getting just what he wanted in the still boiling controversy over Israel’s banning two Muslim congresswomen from entering their country–at the unprecedented suggestion of the US president–after first approving their travel there.    The state of Israel, however, in following Trump’s lead with the flip-flop on his two enemies–presumably to help his re-election campaign as he has helped Benjamin Netanyahu’s–got far more criticism than it...


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[ • 22 Jul 2019 • No Comment ]
For months, Andersonville residents have been sounding the alarm over the potential loss of fully mature trees in their neighborhood. The city said their hands were tied and the trees needed to fall so new water mains could be installed beneath them. But despite promises to explore every option to save the trees, the city’s Department of Water Management didn’t pursue a non-invasive technology that has the potential to cut costs while saving the city’s most valuable and vulnerable trees. The...


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[ • 22 Jul 2019 • One Comment ]
We have found many words, sociological and psychological, diagnosing Donald Trump through the years: egomaniac, authoritarian, narcissist, sociopath, pathological liar, racist, xenophobe and even neo-fascist. Strong cases have been made for each–or for all collectively.   Now, however, based on his recent actions around immigration issues, from separating children and caging them in hellish conditions to lying about the reason to add a citizenship question to the decennial census to his...


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[ • 6 Jul 2019 • No Comment ]
The first set of Democratic debates may realign the top five candidates but gives no sign that any bottom tier player will burst out of that pack to threaten leaders Joe Biden, Elizabeth Warren, Bernie Sanders, Kamala Harris or Pete Buttigieg. Conventional wisdom is that Harris was the breakout winner of the two-day panderfest because she wounded front-runner Biden while Warren glided though her less contentious evening and Sanders treaded water. I am not yet ready to say that Biden was fatally...


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[ • 6 Jul 2019 • No Comment ]
Two men who allegedly tagged “The Bean” sculpture in Millennium Park early on July 2nd were each ordered held on $10,000 bail after Cook County Judge David Navarro said he “[takes] offense at these offenses, these crimes that were alleged.” Neither Rey Ortega nor Tino Guzman, both 20, has a criminal record. And Guzman isn’t even charged with painting the sculpture. He’s accused of spray painting a nearby bench. But, because Navarro was “offended,” they sat in jail needing much more...


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