Burgernomics: A Big Mac Index Update

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The Economist invented the Big Mac index in 1986 as an entertaining way to assess whether currencies were at the “correct” levels. The index reflects the idea that countries’ exchange rates should balance so the same product (in this case, … Read More

The Markets – A Relatively Calm 3rd Quarter

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Markets were relatively calm during the third quarter of 2016, yet they delivered some attractive returns overall. In the United States, all three major U.S. indices posted record highs twice during a single 7-day period in August, reported CNBC.com. The … Read More

Producing an Astonishing Number of Astonishing Numbers

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Isn’t it remarkable that China’s growth is so consistent? A columnist from The Washington Post once opined that China “produces an astonishing number of astonishing numbers.” Last week’s GDP announcement, which helped push markets higher, may fall into that category.China’s … Read More

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