Posts By © Elliott R. Morss, Ph.D.
Two important thingss to be considered in deciding how to invest your money are the future value of the US dollar and corporate profits. I argue that the dollar is likely to weaken and corporate profit estimates are not likely to lift equity markets much in the next two years.
There is growing concern that the financial industry has become too risky and complex and that more regulation is needed. To date, regulatory efforts to manage banks have failed. Rather than more regulation, banks must again limit their activities.
It is argued that the “Empire Era” is finished. Nation-states now have to share global NGOs, multinational corporations, and international organizations. In addition, information revolutions have fragmented power further.