January 2017 / Fasten your seat belts, it’s going to be a bumpy night. — Bette Davis, All About Eve Before we focus on where we are headed as a country, some important bullet points about the 2016 Presidential election: Donald Trump won fewer votes than Mitt Romney in 2012. Hillary Clinton did much worse than Barack Obama did in 2012. Exit polls suggested 60% of voters considered Trump...
November-December 2016 / By the time this magazine is in circulation, the nation will have voted and will either have a new president or be engaged in a ferocious Supreme Court battle to determine who that president should be. These past months, pundits and pollsters have bombarded us with dizzying statistics: In 2016 there were 156 million non-Hispanic white eligible voters vs. 70 million racial...
October 2016 / It’s appropriate at this moment in time and while we still have the luxury to take a breather from the clamor of the upcoming presidential election, to reflect back on the collapse of Lehman Brothers in 2008, undoubtedly the most dramatic moment of the global financial crisis. The cracks in Lehman’s armor began to appear as early as 2006 when house prices in the U.S...
September 2016 / The old joke circulating that economists were created to make weathermen look good is making the rounds these days as everyone scrambles to make sense out of today’s headlines. When economies are properly functioning, funds flow in an orderly fashion to return categories, which reflect varying degrees of risk along the investment spectrum. But after the Brexit vote...
August 2016 / In my previous article I pointed out that the task of partitioning the Ottoman Empire during the First World War was delegated to two mid-level bureaucrats, Mark Sykes and Francois Georges-Picot. The resulting Sykes-Picot Agreement, rushed through without much serious reflection, set in motion wars, coups, and ultimately released the twin terrors of radicalism and terrorism. As more...
Best-selling financial author, Wall Street investment banker, social commentator, award-winning poet, energy consultant, off-Broadway producer, and community organizer in Robert Kennedy’s presidential campaign, Ron Spurga is the ultimate Renaissance Man.
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