Is revival of Glass-Steagall really a possibility?
The Glass-Steagall Act which is formally called the Banking Act of 1933 was enacted to prohibit commercial banks from participating in the investment business after the many bank failures of the Great Depression era. The idea was that banking institutions that safeguard and control our money supply should be separated from market investments such that…
Brexit – Now What?
Did you miss Adrian’s brief commentary about Brexit on WBBJ? View it here! Well, the people of the United Kingdom (UK) have made their voices heard and voted for Brexit. As you are likely already aware by now, Brexit is the decision of the United Kingdom to leave the European Union (EU). And, Brexit is…
May Jobs Report and the Fed
As you’ve probably heard on the news, the May 2016 jobs report was “disappointing”, “concerning”, and a “surprise”, or at least those were the words used by Federal Reserve Chairwoman Janet Yellen. In fact, May’s job creation was the worst since 2010. And, while you might hear the 4.7% unemployment figure bandied about, there’s been…
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Eddleman Brexit Interview on WBBJ
Here’s a story I was interviewed for on WBBJ about Brexit. Obviously I had much more to say that had to be cut from the piece. Don’t forget, I actually had a brief blogpost weeks ago where I mention Brexit and what else is on the horizon. Expect more details soon in our Eddleman’s Economic…