Right now, there’s a $78 billion shortfall in the Highway Trust Fund that builds and repairs our vast Interstate Highway System. How are we going to pay for it?
The late Steve Jobs, the creative genius behind Apple Inc., is a perfect example of Friedrich Wieser’s great man theory… and of Say’s law, “supply creates demand.”
Economic growth cooled to a 2.6% annualized rate, much slower than the 5% rate reported for the third quarter. Why is this news bullish for the stock market?
Gross Output (GO), a broadened measure of U.S. economic activity published by the Bureau of Economic Analysis (BEA), grew to nearly $31.3 trillion in the third quarter of 2014, a 5.2% jump in real terms (annualized).