The Duality of the Markets

Have you ever noticed how so many idioms refer to the duality of life?  Consider:  There are two sides to every coin.  Life is a double-edged sword.  You can see the glass as half-full or as half-empty.  Every cloud has a silver lining.  Each of these sayings refers...

A Brief Update on the Debt Ceiling

On May 1, the Secretary of the Treasury informed Congress that the U.S. could default on its debt by June 1 if legislators do not raise the nation’s debt ceiling.1 This announcement was not a surprise.  The U.S. officially hit the debt ceiling in January but were able...
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