No Calm Before the Storm If you blink, you will have missed something. The bull market continues to snort ahead. Bond markets are seeing considerable new issue, which is being gobbled up. The key narratives shaping markets are inflation (which is showing a little abatement) and labor markets (which recently showed a loss), an undercurrent of discontent with new Fed Chairman Walsh’s reduced signaling, a busy political season (no calm before the storm of the November mid-term elections), and a daunting mix of geopolitical and geoeconomic factors that are reshaping the structure of the global economy. The last factor is also reshaping the US economy, state by state, with everything from who benefits and who loses from tariffs, the need to overhaul infrastructure (including the power grid and water systems), and external threats, especially in the form of cybercrime and cyberwarfare. And dear reader, August’s economic and political volatility is...
The Demographic Reckoning: Colleges and the Future of America’s Economy
October 27, 2026
October 16, 2026By Scott B. MacDonald, Ph.D.Chief Economist Demographics, Higher Education, and Future Economic Paths: It was H.G. Wells, author of The Time Machine and War of the Worlds, who stated, “History is a race between education and catastrophe.” In…...
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