recession

This is the biggest “little” news of the moment

March 18th, 2016|by Michael Ashley Schulman, Perspectives, The Here and Now|

Big LittleThis is the biggest “little” news of the moment:

3/17/2016, the Philly Fed index surged to a positive +12.4 in March from a negative -2.8 in February, returning to expansionary territory for the first time since August of last year […]

The U.S. has enjoyed a good six year run in asset prices

October 30th, 2015|by Michael Ashley Schulman, Perspectives, The Big Picture|

The U.S. has enjoyed a good six year run in asset prices; simultaneously, the global economy has had anemic economic growth that has perpetually caused concern: this is not the time to increase risk. Some have likened the last several years to a Goldilocks economy, not too hot and not too cold; if so, it […]

The domestic economy is much closer to normal

June 30th, 2015|by Michael Ashley Schulman, Perspectives, The Big Picture|

The domestic economy is much closer to normal that it has been in the last five years. With expectations that the U.S. economy will grow 3% in the second half, Greece’s immediate uncertainty behind us, Cuban and Iranian détentes winding their way through the political process, and little damage done by Chinese stock gyrations, there […]

So what happened at the end of February; China, Greenspan, subprime?

February 28th, 2007|by Michael Ashley Schulman, Perspectives, The Big Picture, Writers|

So what happened at the end of February; China, Greenspan, subprime? Volatility, not seen since May and June 2006, hit the equity, commodity, and bond markets at the end of the month.

  • The Chinese equity markets fell a precipitous 9% on February 27
  • Alan Greenspan, at a Hong Kong conference, speculated a US recession in 2007
  • Investors feared […]