Whether you call them unmanned aerial vehicles, remotely piloted aircraft or simply drones, these remote-controlled devices are expected to become a big business both here and abroad over the next decade. The question is whether this new technology will impact our lives in ways we are willing to accept. (more…)

 

Stocks rallied this week as news that the world may have found a way to resolve the looming confrontation between the U.S. and Syria. If so, investors can thank Russia for the solution and a much-needed deal that might actually extend into a brokered peace. (more…)

The collapse of Lehman Brothers occurred five years ago this week. In hindsight, this investment bank’s disorderly failure proved to be the critical domino that set into motion economic and financial disruptions that are still with us today.  What have we learned? (more…)

As Congress prepares to debate a “go/no go” retaliatory strike against the Syrian regime, not a word has been mentioned about the potential cost of this action. That seems rather strange since just about every proposal out of Washington, no matter how important, has been debated on its cost and how its price tag would impact the deficit and debt limit.  (more…)

 

 

The stakes are rising. On Friday, Vladimir Putin seemed to suggest that an attack on its ally, Syria, would provoke a response from Russia. President Obama stubbornly maintained that we will still take military action against Syria, who he accuses of breaking international law by gassing innocent people.  Historically, financial markets don’t take well to the threat of war between super powers.  (more…)

 

August was not a great month for stock markets. September could be equally disappointing.  After months of higher highs, a consolidation phase should be expected but it is not the end of the world. (more…)

The Cost of War

 

Over the last two decades America has participated in three different wars and several military interventions.  The economic bill for these actions has been substantial. Today, intervention in Syria is front and center. In this age of supposed frugality, why are Americans still willing to pay for air strikes on Damascus or anywhere else? (more…)

Welcome to August

 

Stocks have pulled back almost 3% in the first two weeks of August. That’s a minor hiccup in the grand scheme of things. This present decline will most likely continue, but this consolidation is as normal as your Mom’s apple pie. (more…)

After almost thirty years of stagnation, Japan is seeking to re-gain its competitive edge. Critics argue that this island nation needs to re-invent itself if it ever hopes to find its place amid a multitude of fiercely competitive global players. The question is, how can that be done? (more…)

Japan is an island nation surrounded by countries who have expressed hostile intent in one form or another over recent years. It is also faced with turning around an economy that until recently was mired in a decades-long malaise. The launching of the “Izumo”, a 19,500-ton aircraft carrier, last week may be Japan’s answer to both problems. (more…)