It was Mark Twain who, many moons ago, said, “Everybody talks about the weather but nobody does anything about it.” The almost universal assumption was that the quality of the weather was determined by forces beyond human control. That seemingly self-evident view is no longer held either by scientists or by the public according to…
The U.S. trade deficit with China is a mammoth $232 billion. America’s top trade envoy, Susan C. Schwab, has declared that she will take steps to bring down that deficit. To do so, she will have to go after the parties who are responsible for that deficit. If she really intends to go after the…
Investors throughout the world are worried about the possibility of the war between Israel and Hezbollah spreading across the entire Middle East. That the Israeli market has held up quite strongly in the face of this war, then, points to an impressive maturation of Israeli investors over the last five years. Let’s turn back the…
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