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Author Archives: Steve Odland
https://www.cnbc.com/video/2018/04/06/fmr-office-depot-ceo-on-trade-war-impact-on-retail.html Steve Odland, Committee for Economic Development, appeared on CNBC’s Power lunch on April 6, 2018 to discuss fears of a trade war rattling the market and how it could impact the retail industry.
https://www.cnbc.com/video/2018/02/20/business-leaders-can-start-meaningful-debate-on-gun-control.html?play=1 Steve Odland, Committee of Economic Development president & CEO, discusses CNBC’s Andrew Ross Sorkin’s New York Times op-ed about banks controlling gun sales. He appeared on CNBC’s Closing Bell on February 20, 2018.
https://www.cnbc.com/video/2017/12/26/holiday-retail-season-not-a-happy-ending-for-all.html Steve Odland appeared on CNBC’s Squawk Alley on 12/26/17 to discuss holiday retail sales. 2017 Holiday retail sales this year projected +4.9%, to highest level in history Bricks and mortar retailers expected +2% Online projected to be up +18%, … Continue reading
https://www.cnbc.com/video/2017/08/22/the-business-economy-drives-our-economy-former-office-depot-ceo-steve-odland.html Steve Odland appeared on CNBC’s Squawk Alley on August 22, 2017 to discuss the relationship between the Administration and CEOs, as well as the role of CEOs in the debate over political issues.
https://www.cnbc.com/video/2017/08/17/unfortunate-trump-disbanded-councils-steve-odland.html Steve Odland appeared on CNBC’s Squawk Box on August 17, 2017. Commenting on the Manufacturing Council and the Strategy & Policy Forum disbanding, he urged business leaders to continue to engage and focus on policy, not politics.
https://www.cnbc.com/video/2017/08/16/biz-leaders-need-to-avoid-putting-themselves-and-companies-in-harms-way-by-focusing-on-policy-positions-former-office-depot-ceo-steve-odland.html Steve Odland appeared on CNBC’s Closing Bell August 16, 2017 to discuss the disbanding of the Manufacturing Council and the Strategy & Policy Forum in the wake of the Charlottesville events and Administration reaction.
https://www.cnbc.com/video/2017/07/31/general-kelly-comes-from-a-disciplined-background-steve-odland.html Don Peebles, CEO of Peebles Corporation, and Steve Odland, Committee for Economic Development CEO, discuss how President Trump’s new Chief of Staff John Kelly might control the White House chaos and get the agenda back on track. From CNBC’s … Continue reading
http://video.cnbc.com/gallery/?video=3000628255 Steve Odland appeared on CNBC’s Squawk Alley on June 16, 2017 to discuss Amazon’s purchase of Whole Foods. The acquisition is an inexpensive way for Amazon to acquire a high quality perishables distribution system with 450 brick and mortar … Continue reading
http://video.cnbc.com/gallery/?video=3000617449 Steve Odland appeared on CNBC’s Power Lunch on May 10, 2017 to discuss the Administration’s dismissal of James Comey and the impact on policy in Washington.
http://video.cnbc.com/gallery/?video=3000610577 Steve Odland appeared on CNBC’s Squawk On The Street on April17, 2017 to discuss the series of PR issues at United Airlines.
http://video.cnbc.com/gallery/?video=3000609353 Steve Odland appeared on CNBC’s Power Lunch on April 11, 2017 to discuss the Administration’s meetings with CEOs and what are the focal points. The national debt is the key issue, and tax, regulatory, and healthcare policies need to … Continue reading
http://video.cnbc.com/gallery/?video=3000607378 Steve Odland appeared on CNBC’s Power Lunch program on April 4, 2017 to discuss the new Administration interactions with CEOs, immigration, H1-B visas.
http://video.cnbc.com/gallery/?video=3000605642 Steve Odland appeared on CNBC’s Squawk Alley on 3/29/17 to discuss the job announcements by companies and their PR strategies.Job Creation Should Be Celebrated
http://video.cnbc.com/gallery/?video=3000598769 Steve Odland appeared on CNBC’s Power Lunch program march 6, 2017 to discuss the management style of the new Administration.
http://video.cnbc.com/gallery/?video=3000594883 Steve Odland appeared on CNBC’s Squawk on the Street on 2/21/17 to discuss Retail sector performance and the proposed border tax.
http://video.cnbc.com/gallery/?video=3000590758 Steve Odland appeared on CNBC’s Squawk Box February 6, 2017 to introduce the new book Sustaining Capitalism. Business leaders need to re-engage in the public square to work with elected officials and drive public policy reforms to ensure capitalism … Continue reading
http://video.cnbc.com/gallery/?video=3000589861 Steve Odland appeared on CNBC’s Squawk On The Street to discuss the meetings between CEOs and the new Administration. 2/2/17
http://video.cnbc.com/gallery/?video=3000581164 Steve Odland appeared on 1/4/17 on CNBC’s Power Lunch to discuss how business leaders should engage with the new Trump Administration.
http://video.cnbc.com/gallery/?video=3000579533 Steve Odland appeared with Yale’s Jeff Sonnenfeld on CNBC’s Power Lunch 12/29/16 to discuss how CEO’s should engage with the new Trump Administration.
http://video.cnbc.com/gallery/?video=3000579484 Steve Odland appeared on CNBC’s Squawk Box on 12/28/16 to discuss holiday retail trends, consumer confidence, and the impact of online players on bricks and mortar retailers.
http://video.cnbc.com/gallery/?video=3000578821 Steve Odland appeared on CNBC’s Squawk Alley on December 23, 2016 to discuss retail trends, and the possible policy impact of the new Administration and Congress on retail.
http://video.cnbc.com/gallery/?video=3000573966 Steve Odland appeared on CNBC’s Closing Bell on December 6, 2016 to argue that trade lifts people and economies, that import tariffs reduce trade and are a tax on consumers and also input goods, and ultimately reduce manufacturing and … Continue reading
http://video.cnbc.com/gallery/?video=3000573083 Steve Odland appeared on CNBC’s Power Lunch show 12/2/16 to discuss the President-elect’s deal with Carrier. While this met his “deal maker” persona and met commitments made during the campaign, this strategy is best left to state and local … Continue reading
http://video.cnbc.com/gallery/?video=3000570537 Steve Odland, former Office Depot CEO and Committee for Economic Development president and CEO, appeared on CNBC’s Squawk On The Street 11/23/16 to discuss the retail sector ahead of Black Friday and following the 2016 election.
http://video.cnbc.com/gallery/?video=3000569390 Steve Odland appeared on CNBC’s Power Lunch November 18, 2016 to discuss CEO reaction to the new Administration.
https://www.amazon.com/Sustaining-Capitalism-Bipartisan-Solutions-Prosperity/dp/0692769706/ref=sr_1_1?ie=UTF8&qid=1479133744&sr=8-1&keywords=sustaining+capitalism Our new book, Sustaining Capitalism: Bipartisan Solutions to Restore Trust & Prosperity, now is available on Amazon. In the wake of the financial disruptions of the last decade, most notably here in the United States but also in many … Continue reading
http://video.cnbc.com/gallery/?video=3000567039 Steve Odland appeared on CNBC’s Squawk on the Street on November 10, 2016 to discuss the election of Donald Trump and the likely policy focus of his Administration.
http://video.cnbc.com/gallery/?video=3000543445 Steve Odland appeared on CNBC’s Squawk On The Street August 18, 2016 to discuss Amazon’s success and softness in other retail.
Steve Odland appeared on CNBC’s Power Lunch on July 12. 2016 to comment on the JP Morgan plan to raise salaries for the lowest paid employees in the firm.
http://video.cnbc.com/gallery/?video=3000526096 Steve Odland appeared on CNBC’s Squawk on the Street program june 15, 2016 to discuss the BRT survey of CEOs regarding the economy.
http://video.cnbc.com/gallery/?video=3000516834&play=1 Steve Odland appeared on CNBC’s Squawk On The Street on May 11, 2016 to discuss the Staples-Office Depot deal as well as Macy’s first quarter results.
http://video.cnbc.com/gallery/?video=3000508679 Steve Odland appeared on CNBC’s Power Lunch 4/11/16 to argue that the corporate tax code is broken and needs fundamental reform.
http://video.cnbc.com/gallery/?video=3000507195 Steve Odland appeared on CNBC’s Power Lunch on April 5, 2016 to argue that executive compensation should be tied to long term shareholder value creation.
http://video.cnbc.com/gallery/?video=3000507173 Steve Odland appeared on CNBC’s Power Lunch on April 5, 2016 to discuss Corporate Inversions and argued that 1) companies are following the law; 2) politicians should stop the name calling; and 3) Congress needs to fix the underlying … Continue reading
http://video.cnbc.com/gallery/?video=3000504336 Steve Odland appeared on CNBC’s Power Lunch on 3/24/16 to discuss whether America needs a CEO in the White House.
http://video.cnbc.com/gallery/?video=3000504356 Steve Odland appeared on CNBC’s Power Lunch on 3/24/16 to discuss the attack on Yahoo by activists.
http://video.cnbc.com/gallery/?video=3000501815 Steve Odland appeared on CNBC’s Power Lunch on 3/15/16 to argue that while normally executive compensation should be tied to creation of shareholder value, in the case of Chipotle, they need a higher focus on food safety to deal … Continue reading
http://video.cnbc.com/gallery/?video=3000500523 Steve Odland appeared on CNBC’s Squawk On The Street 3/11/16 to argue that businesses simply follow the laws passed by Congress. Politicians should stop bashing business for the outcomes but should simply change the laws instead.
http://video.cnbc.com/gallery/?video=3000500467 Steve Odland appeared on CNBC’s Squawk On The Street March 10, 2016 to discuss the 2016 U.S. Presidential Elections.
http://video.cnbc.com/gallery/?video=3000480103 Steve Odland appeared on CNBC’s Power Lunch program on January 13, 2016 to discuss GE’s move of their headquarters from Connecticut to Boston.
http://video.cnbc.com/gallery/?video=3000464095 Steve Odland appeared on CNBC’s Power Lunch on December 8, 2015 to discuss the food safety issues at Chipotle and what needs to be done within their company and then externally to reassure customers and shareholders.
http://video.cnbc.com/gallery/?video=3000457862 Steve Odland appeared on CNBC’s Fast Money Halftime Report on November 25, 2015. He argued that retail inventories coming out of Q3 were high, trends were poor in most areas of retail, and so margins were going to be … Continue reading
http://video.cnbc.com/gallery/?video=3000453419 Steve Odland appeared on Squawk On The Street on CNBC 11/13/15 to explain that retail sales misses with large inventory builds will create the need for retailers to drastically cut prices for clearance and thereby reduce retail margins for … Continue reading
http://video.cnbc.com/gallery/?video=3000438436&play=1 Steve Odland appeared on CNBC October 26,2015 to discuss the Valeant Pharmaceutical situation. The independent committee of the board will need quickly to investigate the issue with Philidor and communicate openly and transparently to their customers and the investment … Continue reading
http://video.cnbc.com/gallery/?video=3000428688&play=1 Steve Odland appeared on CNBC Wednesday, October 7, 2015 to discuss the VW Supervisory Board meeting, YUM, and the $2T in cash trapped offshore on US corporate balance sheets.
http://video.cnbc.com/gallery/?video=3000424802 Steve Odland appeared on CNBC Power Lunch on September 24, 2015 to argue that China is an important trading partner, business partner, geopolitical ally, but that they need to act responsibly when it comes to cyber security, counterfeiting of … Continue reading
Three Steps Congress and the President Must Take to Energize Job Creation We’re living in an economic twilight zone. A seemingly healthy economy is seen from afar; one with rising wages and a dropping unemployment rate that now stands at … Continue reading
http://video.cnbc.com/gallery/?video=3000415101 Steve Odland appeared on CNBC’s Power Lunch program to discuss China and the U.S. Economy, September 1, 2015.
http://video.foxbusiness.com/v/4321463764001/odland-we-just-federalized-health-care-to-a-large-extent/?cmpid=prn_investors#sp=show-clips In this appearance on Varney & Co. on Fox Business Network, 6/25/15, Steve Odland commented that the Supreme Court ruling regarding the Affordable Care Act cements Federal control over healthcare.
http://video.foxbusiness.com/v/4287864989001/the-impact-of-new-overtime-rules-on-businesses/?playlist_id=933116618001#sp=show-clips Steve Odland Appeared on Fox Business Network’s Varney on 6/10/15 to discuss the new Department of Labor rule to extend overtime pay to all those making under $52,000 per year. This rule, if implemented, will raise compensation for some … Continue reading
http://www.foxbusiness.com/on-air/varney-co/index.html#/v/4268831301001 Steve Odland explains how the economy is not doing well driven by current public policy. This from Varney & Company on Fox Business Network June 1, 2015.
On May 8, 2015, Steve Odland, the CEO of the Committee for Economic Development, appeared on Varney & Co. to discuss the April jobs report along with the recent UK elections. On the election front, Steve described why the recent … Continue reading
http://video.cnbc.com/gallery/?video=3000378555 Steve Odland appeared on CNBC’s Closing Bell May 11, 2015, to discuss the new practice by Zappos.com to eliminate management layers and create “holacracy” or self-directed work teams.
http://video.foxbusiness.com/v/4129432403001/google-business-and-the-us-government/?playlist_id=933116618001#sp=show-clips Steve Odland appeared on Fox Business Network’s Varney and Company on 3/23/15 to discuss Google’s challenge from the Federal Trade Commission and criticism of potential crony capitalism.
http://www.foxbusiness.com/on-air/after-the-bell/index.html#/v/4108030276001 Steve Odland appeared on Fox Business Network’s “After the Bell” program on March 12, 2015 to discuss retail sales and the economy. Retail sales, 70% of U.S. GDP, have declined sequentially for three straight months. Some of this is … Continue reading
http://www.foxbusiness.com/on-air/varney-co/index.html#/v/4048593217001 Steve Odland appeared on Varney & Co. on Fox Business February 12, 2015, to discuss the attack on Staples over part time work.
http://video.cnbc.com/gallery/?video=3000351983 Steve Odland appeared on CNBC’s Street Signs program on February 4, 2015 to comment on Staples’ proposed acquisition of Office Depot.
http://video.foxbusiness.com/v/4030413069001/staples-office-depot-in-advanced-merger-talks/?playlist_id=933116651001#sp=show-clips Steve Odland appeared on After the Bell with Liz Claman on the Fox Business Network on February 3, 2015 to discuss the rumored merger of Staples and Office Depot.
http://video.foxbusiness.com/v/4016631033001/obamacare-costs-getting-out-of-control/?#sp=show-clips Steve Odland appeared on Cavuto on the Fox Business Channel January 27, 2015 to argue that further health care reforms are necessary to lower costs and increase access.
http://video.foxbusiness.com/v/3987947709001/aetna-boosting-its-minimum-wage-to-16-an-hour/?playlist_id=933116635001#sp=show-clips Steve Odland appeared on the Fox Business Cavuto show on January 13, 2015 to discuss Aetna’s move to increase their “minimum wage” to $16 per hour. Also discussed in a second segment was the Administration’s announcement of support for … Continue reading
James Pethokoukis@JimPethokoukis January 9, 2015 10:56 am Image Credit: shutterstock The Obama White House is highlighting a number of important positives about the US labor market, after the release of the December jobs report. Among them: – The private sector … Continue reading
Steve Odland appeared on Fox Business Network’s Cavuto show on December 2, 2014 to discuss the $18T in public debt. Without entitlement reform, our debt will grow from its current level of 75% debt/GDP to over 100% and all … Continue reading
http://www.foxbusiness.com/on-air/varney-co/index.html#/v/3845352856001 In this Fox Business Network appearance with Stuart Varney on 10/17/14 Steve Odland argues that we need leadership, not a Czar for the Ebola crisis. This leader needs to bring together the government, medical, and security communities in a … Continue reading
http://video.foxbusiness.com/v/3837593081001/markets-rattled-by-governments-handling-of-ebola/#sp=show-clips In this 10/13/14 Cavuto appearance on the Fox Business network, Steve Odland argues that the lack of leadership from Washington is leading to a lack of trust among Americans and is rattling markets.
http://www.bloomberg.com/video/alibaba-ipo-or-an-iphone-which-should-you-line-up-for-TIkgJdMtRT2sTnXwd384VQ.html http://www.bloomberg.com/video/oracle-s-larry-ellison-steps-down-as-ceo-hurd-takes-reins-s~siXUFGSzOrByAQ3GxhbQ.html http://www.bloomberg.com/video/robert-sinche-on-japanese-yen-british-pound-currencies-cPK3AvnDRA~RdGujV9PPbg.html http://www.bloomberg.com/video/brick-and-mortar-still-relevant-in-a-digital-world-C6VFHqLZSBieQ1ZmKkbjJw.html http://www.bloomberg.com/video/iphone-android-still-double-market-share-worldwide-odland-0tqfUtFPTVqvH_xFJJVd_w.html Steve Odland appeared on Bloomberg Surveillance as guest host September 19, 2014. He discussed a variety of subjects including: Brick And Mortar Retail Still Relevant In A Digital World iPhone 6: Full of Features But … Continue reading
http://www.foxbusiness.com/on-air/varney-co/index.html#/v/3765502748001 Steve Odland appeared on Varney & Co. on the Fox Business Channel, September 3, 2014 to discuss the minimum wage debate. Government and business leaders need to de-politicize this issue and focus on creating equal opportunity for people to … Continue reading
http://www.foxbusiness.com/on-air/cavuto/index.html#/v/3757178599001 Steve Odland appeared on Fox Business’ Cavuto show on August 29, 2014 to talk about leadership. Washington needs to step up and commit to a course of action or leave a vacuum that bad actors will fill.
http://video.cnbc.com/gallery/?video=3000298533 In this 8/4/14 appearance on CNBC’s Squawk On The Street, Steve Odland discusses the state of the economy, government policy, and business’ uncertainty. Government policy is causing businesses to hold back on investment, thereby slowing the rate of job … Continue reading
http://video.cnbc.com/gallery/?video=3000290427 In this appearance on CNBC’s Closing Bell on July 14, 2014, Steve Odland argues that despite the new jobs added last month, the U.S. economy continues to struggle. GDP growth likely will be flat for the first half in … Continue reading
http://www.foxbusiness.com/on-air/varney-co/index.html#/v/3644112510001 In this Varney & Co. appearance on Fox Business Network Steve Odland discusses the potential for the U.S. to slide into another recession. This clip appeared on June 26, 2014.
http://video.foxbusiness.com/v/3584908820001/what-is-holding-back-the-retail-sector/#sp=show-clips Steve Odland discusses retail trends in the first part of 2014 on this Fox Business After the Bell segment with Liz Clayman on May 23, 2014.
http://www.foxbusiness.com/on-air/opening-bell/index.html#/v/3570633825001 Steve Odland discusses India’s newly-elected leader and his pro-business stance on Fox Business Network’s Opening Bell with Maria Bartiromo on May 16, 2014.
http://www.foxbusiness.com/on-air/opening-bell/index.html#/v/3570597901001 Steve Odland discusses the state of CEO pay on Fox Business Opening Bell program with Maria Bartiromo on May 16, 2014.
http://www.foxbusiness.com/on-air/opening-bell/index.html#/v/3570434917001 Steve Odland discusses the state of the consumer on Fox Business Opening Bell program with Maria Bartiromo on May 16, 2014.
http://www.youtube.com/watch?v=Di0xDWYbHzk&feature=youtu.be Published on Apr 11, 2014 In an effort to maintain a high level of employees who are happy in their jobs, Amazon.com is offering to pay unhappy employees $5,000 to quit. Dr. Gina Loudon and Steve Odland join FBN’s Neil … Continue reading
http://www.foxbusiness.com/on-air/after-the-bell/index.html#/v/3336671654001 In this appearance on After the Bell on Fox Business Network on March 13, 2014, Steve Odland explains how February 2014 retail sales grew by only .3% and January sales were adjusted down to -.6%. So unfortunately, while February … Continue reading
http://video.cnbc.com/gallery/?video=3000246285 Experts say that 30% of our GDP is vulnerable to weather Weather in January hit GDP by about a half percentage point With February storms, could hit another half point dragging Q1 GDP below 3% to close to 2% … Continue reading
http://video.cnbc.com/gallery/?video=3000234251&__source=yahoo%7cheadline%7cquote%7cvideo%7c&par=yahoo Holiday sales grew only 2.7%, the lowest level since the depth of the Great Recession in 2009. And this is on top of a weak year ago. Further, GDP grew $4.1% in the third quarter mostly due to inventory … Continue reading
http://video.foxbusiness.com/v/2967004291001/how-can-americas-credit-card-technology-be-improved/ In this segment on the Cavuto Show with Charles Payne on December 23, 2013, Steve Odland discusses the Target credit card data breach and what steps retailers and consumers can take to safeguard their data.
http://video.foxbusiness.com/v/2940071166001/how-can-brick-and-mortar-stores-survive-the-online-surge/ In this appearance on Varney & Co. on December 16, 2013, Steve Odland says that the only way traditional bricks and mortar retailers can survive long term versus online retailers is to create a compelling shopping experience, get competitive … Continue reading
http://www.foxnews.com/on-air/your-world-cavuto/index.html#http://video.foxnews.com/v/2836017978001/former-office-depot-ceo-whole-obamacare-system-in-chaos/?playlist_id=86929 In this interview with Neil Cavuto on Your World, Steve Odland argues that “sorry” is good, but now we need a fix to the ACA issues. And not just the website, a policy fix to allow private competition, tort … Continue reading
http://www.bloomberg.com/video/is-washington-in-need-of-a-total-rebranding-l~NpvTsdSZ6kqHClX6u9rg.html http://www.bloomberg.com/video/obamacare-critics-surveillance-11-14-6hq3lqqdTbGcMAyd7s9Rog.html In this November 14, 2013 appearance as guest host on Bloomberg Surveillance, Steve Odland addresses a number of economic issues including small business, health care, taxes, regulation, etc.
http://video.foxbusiness.com/v/2778597475001/former-office-depot-ceo-obamacare-was-a-man-made-disaster/ In this appearance on Cavuto on October 28, 2013, Steve Odland argues that the ACA government website is a disaster–but a man-made one. Time and money will fix it. But the larger issue is whether this portends the kind … Continue reading
What the Budget Conference Can Accomplish This post assesses the task facing the budget negotiators on Capitol Hill. It concludes that those negotiators could achieve real progress by laying out a budget plan based on those fundamental issues on which … Continue reading
http://video.cnbc.com/gallery/?video=3000209842&play=1 In this interview on CNBC on 10/21/13 Steve Odland argues that consumer confidence is poor and that is negatively impacting consumer spending (70% of GDP) and small business investment. Government policy needs long term change to improve confidence: … Continue reading
http://video.foxbusiness.com/v/2733031415001/should-dc-focus-on-long-term-issues-like-tax-entitlement-reform/ Committee for Economic Development CEO Steve Odland on the government shutdown and debt ceiling on Fox Business After The Bell, 10/9/13.
http://live.wsj.com/video/government-shutdown-what-do-ceos-think-2013-10-11-91152319/3706B5F1-35F3-4748-BCBE-4DDFCE1E34C6.html#!3706B5F1-35F3-4748-BCBE-4DDFCE1E34C6 Steve Odland, Committee for Economic Development CEO, explains the fears felt by corporate executives over the budget battle and the debt ceiling, and the possibility of an agreement that could delay a resolution by up to six weeks in … Continue reading
http://www.bloomberg.com/video/u-s-auto-sales-up-in-august-KmlGbzSnRQy2RBfWfqDt7w.html In this appearance on Bloomberg’s Taking Stock on September 4, 2013, I discuss the double digit growth rate of auto sales in the U.S. in August, 2013. While the sales are up and tracking to a 15.5M unit sales … Continue reading
http://www.video.theblaze.com/media/video.jsp?content_id=29879969&topic_id=38204812 I appeared on the Andrew Wilkow show on August 20, 2013 to discuss the efforts by some groups to raise the minimum wage. The objective of having people make more money and move up the ladder is part of … Continue reading
http://video.cnbc.com/gallery/?play=1&video=3000192312 On August 21, 2013 I appeared on CNBC Squawk on the Street to argue that the U.S. economy is in a no growth period and desperately needs job growth as demonstrated by the struggles of the office products industry. … Continue reading
http://video.foxbusiness.com/v/2602569652001/minimum-wage-wars-continue/?playlist_id=933116618001 The government and some workers are advocating to raise the Federal Minimum Wage from $7.25 per hour to $9.00 per hour. In this video from Fox Business, I argue that a raise at the national level will disproportionately hurt … Continue reading
http://video.foxbusiness.com/v/2591688091001/zuckerberg-likes-politics/ Business leaders have an enormous stake in the actions taken by our political leaders. Over 70% of the GDP is driven directly by the private sector and the remainder is government spending fueled by taxes provided by businesses … Continue reading
By Joe Minarik, The Committee For Economic Development The Federal Reserve faces a real challenge making monetary policy. The unprecedented combination of a hesitant recovery from a near-Great-Depression downturn, plus the eventual need to reverse the pedal-to-the-metal interest rates and … Continue reading
http://video.foxbusiness.com/v/2405337181001/markets-not-taking-bernanke-comments-seriously/ In this clip from the May 23, 2013 Cavuto show, Steve Odland articulates how U.S. markets are not taking our economic situation seriously. China manufacturing numbers have moved negative, meaning the world engine for economic growth is slowing. This … Continue reading
In their April 12 earnings release, J.P. Morgan warned about the economy and the impact on small business. Jamie Dimon, Chairman & CEO, said: “Small businesses remain cautious about the recovery and fiscal uncertainty, and are not investing their capital. … Continue reading
http://www.foxbusiness.com/on-air/cavuto/index.html#http://video.foxnews.com/v/2278069970001/business-lacking-confidence-in-government-policies/?playlist_id=87065 Businesses are beseiged by new regulations, rising taxes, costly mandates from the new healthcare regulations, etc. And so, they are not adding jobs. The percentage of Americans working is at its lowest point since 1979 despite the unemployment … Continue reading