iOS app Android app

Golden Gate University

'Whatever, Janet' Indeed -- Fed's Yellen Outfoxes the Bond Bullies, Finesses Rate Policy, Buoys Investors

Terry Connelly | Posted 03.23.2015 | Business
Terry Connelly

U.S. financial markets have been highly volatile but with little to show for investors, as opposed to traders, who make their best livings from pointless volatility, for all the swaying back and forth since the start of 2015.

First Impressions of the 2016 Field

Terry Connelly | Posted 03.11.2015 | Politics
Terry Connelly

Jeb Bush gets early style points for taking on his critics about his support for comprehensive immigration reform, perhaps realizing he has already lost the Rush Limbaugh, Michael Savage, and Mark Levin talk radio primaries anyway.

Obamacare Dominoes: If Federal Subsidies Fall at The Supreme Court, so Do the Individual and Employer Mandates

Terry Connelly | Posted 03.04.2015 | Business
Terry Connelly

King v. Burwell opens the door to a much broader impact on ObamaCare than just the matter of subsidies. It would be huge if the Supreme Court determines the Court was wrong in affirming the IRS interpretation.

IOU 240 Euros, It's My Problem; IOU 240 Billion Euros, It's Your Problem!

Terry Connelly | Posted 04.19.2015 | Business
Terry Connelly

The first thing to know is that nobody should sell or buy a lot of US stocks or bonds because of the unfolding late-inning melodrama between the new g...

Maybe The Federal Reserve Has Been Right About The U.S. Economy All Along

Terry Connelly | Posted 04.12.2015 | Business
Terry Connelly

Hard as it may be for its legion of economic, political and media critics (and even some of its own members) to accept, the most recent bullish jobs report from the Labor Department looks like a ringing endorsement of Federal Reserve policies and perspectives on the economy.

CNBC, The Lame Duck Network: Shilling For Short Sellers and Hating Obama Are Not Enough Anymore

Terry Connelly | Posted 03.16.2015 | Business
Terry Connelly

CNBC should be asking itself why on earth it continues to show such favoritism for the views of market pessimists and short sellers -- indeed, even facilitating such traders profit strategies -- at the expense of their retail TV audience.

The Business School Dean's Quiz for 2015

Terry Connelly | Posted 03.08.2015 | Business
Terry Connelly

Give yourself three points for each right answer until the last, which, if you guess correctly, is worth four points. The Dean's guesses are shown at the end. We'll compare our guesses with reality at the end of 2015.

The Fright Before Christmas

Terry Connelly | Posted 02.17.2015 | Business
Terry Connelly

'Twas the week before Christmas And all through the Street Not a hedge fund was buying: Instead--in retreat! They'd bet big on oil-- Now they w...

Could the Oil Price Crash Kill Keystone XL?

Terry Connelly | Posted 02.03.2015 | Business
Terry Connelly

Why, indeed, would U.S. shale producers want to use public policy to subsidize Canadian oil producers in an extreme and sustained low oil price environment?

Shhh... The American Economy Is on the Brink... of a Boom!

Terry Connelly | Posted 01.24.2015 | Business
Terry Connelly

The real story is that "help is on the way" for America's struggling middle class, the unemployed and the under-employed. The much maligned TARP stimulus and "extraordinary measures" of the Federal Reserve have finally and in fact -- worked!

Obamacare Dominoes: If Federal Subsidies Fall at the Supreme Court, so Do the Individual and Employer Mandates -- Game Over!

Terry Connelly | Posted 01.18.2015 | Politics
Terry Connelly

The media and even the most ardent supporters of Obamacare seem to ignore this potential effect. Assuredly, the "large employers" and their lobbyists who are funding the Halbig and King cases have not.

Elections Have Consequences - And Truth: Here's Some of Both

Terry Connelly | Posted 01.11.2015 | Politics
Terry Connelly

Here's to the winners! But who are they exactly, after the recent Republican sweep into power in the Senate and in a significant majority of governorships?

Fear-Mongers on TV Spook Equities: Just in Time to Buy Cheap Before Great Earnings!

Terry Connelly | Posted 12.27.2014 | Business
Terry Connelly

Predictions of a new global recession began to appear in the financial media in early October just before the market took its dive, recycling much the same forecast that CNBC trotted out the previous October!

A "Hung" Senate with No Majority on November 4? Could Senate Independents Take Charge, Break Gridlock?

Terry Connelly | Posted 12.20.2014 | Politics
Terry Connelly

We do not follow a parliamentary system of government like Australia, of course, but our situations are otherwise not dissimilar. In both countries, the lower house of the legislature has a clear and virtually impregnable majority.

Will CNBC Market Negativity Again Bail Out Short Hedge Funds?

Terry Connelly | Posted 12.08.2014 | Business
Terry Connelly

Any TV news organization would rather cover a train wreck than an on-time arrival at the station. But CNBC's constant denigration of the equity market begs a question: why on earth would the cable network do their level best day in and day out to scare viewers out of the markets that they covers?

Unanswered Questions for a Consequential Autumn

Terry Connelly | Posted 11.26.2014 | Business
Terry Connelly

In the American democracy we have collectively (or by passive default) chosen to have at the moment, to serve and assuage our divergent biases, the question is whether a governing plurality, as Jack Nicholson said, is "as good as it gets."

Market Manipulators Are Back in Season for the Fed "Septaper" Sequel: "Septighten"

Terry Connelly | Posted 11.16.2014 | Business
Terry Connelly

The summer is coming to an end without much success at the movie box office, but one "sequel" has emerged a winner this week although its ultimate fate awaits further developments.

As Long As We're Talking About 2016, How Will They Manage the Republican Playoff With 20 Candidates?

Terry Connelly | Posted 11.09.2014 | Politics
Terry Connelly

Let's take a look at the Republican lineup to face Hillary Clinton and examine in a "nutshell" (excuse the expression) their respective appeal and chance of making the final cut.

Mobility Math: More Folks Renting = Fewer Mortgages = Lower Deficit and Lower Unemployment

Terry Connelly | Posted 11.03.2014 | Business
Terry Connelly

Indeed, it has long been U.S. government policy to encourage home buying among young adults, especially by providing favorable tax subsidies for homebuyers in the form of the famous mortgage interest deduction.

Tough Choices Indeed -- For Everybody

Terry Connelly | Posted 10.27.2014 | Politics
Terry Connelly

Three boxes sit on any policymaker's desk: "In," "Out" And "Too Hard." Comprehensive immigration reform typifies the kind of issue that inhabits the "Too Hard" box, where it has sat for many years. As is common to the "Too Hard" box, the need for a fix is glaringly obvious.

Ebola Is Not Spread By Air -- But Ebola Panic Is: Just Listen to Rush Limbaugh's Radio Program

Terry Connelly | Posted 10.12.2014 | Media
Terry Connelly

OK, it's not really surprising to learn that Rush Limbaugh believes that the return of two U.S. health care volunteer medical personnel from Africa who contracted Ebola is just another Obama plot so that he and the Democrat Party "can lead the compassion train." If that's all the smoke and mirrors Rush can come up with, we could just laugh it off. But Rush is not alone.

Broken News: Is the Crazy Weather Getting to Our Collective Sanity?

Terry Connelly | Posted 09.29.2014 | Business
Terry Connelly

Isn't it strange that the GOP, the political party that has heretofore consistently and vociferously opposed frivolous lawsuits, spurious malpractice claims and the trail lawyers' lobby, has now decided to spend taxpayer money to hire trial lawyers to bring what is essentially a frivolous malpractice lawsuit against President Obama?

DC Circuit Decision Isn't Just About Obamacare Subsidies: It Also Kills the Employer Mandate

Terry Connelly | Posted 09.27.2014 | Business
Terry Connelly

The July 22 decision of a divided three-judge DC Federal Circuit Court panel invalidating the Affordable Care Act's (ACA) premium tax credits for anyone purchasing insurance on a Federal Exchange proves that you can "just make this stuff up."

Can Obama Pardon Undocumented Immigrants and Let Them Stay? Civil War Cases Point the Way

Terry Connelly | Posted 09.08.2014 | Politics
Terry Connelly

Many in Congress and elsewhere would be surprised to learn that undocumented presence of aliens is not a crime under U.S. law.

The Hobby Lobby Ruling: Hobby Horse, One-Trick Pony Or Citizens United 2.0?

Terry Connelly | Posted 09.01.2014 | Politics
Terry Connelly

How can a Court that has specifically eschewed judging the relative merits of religious exercise claims choose between objections to inoculations and contraception?