I have been silent for a few weeks as the birth of my son Marco has kept me away from soccer for a few weeks. Not much has changed except for a couple of things: Roma has tied the last two games without Totti in its lineup. And Juventus keeps on getting referee favors . . . → Read More: We Need Totti Back!
I was wrong about the economy being on the verge of improving. Possibly due to the shutdown, it seems that it actually got worse. So I brace for a lot more sluggish growth and hope that new housing construction will eventually catch up with pent-up demand. . . . → Read More: It Turns Out I Was Completely Wrong
With no economic data coming through and with the next date for a fiscal debate yet to be set I am making the final holiday purchasing decisions in the dark. It will be interesting to see if my gut feeling was right or wrong.
The forecast for this year points to moderate growth. I . . . → Read More: Nothing To Look at Here
Without an employment report published for September it is hard to tell how things are going. My sense was, and still is, that things were beginning to get better, and by that I mean that the economy was finally taking a step in the right direction towards the goal of solid economic growth–which is . . . → Read More: It’s Hard to Tell
After seven games played Roma (21) has won seven games, scored 20 goals and allowed just 1 (in a 3-1 victory). On Saturday Roma beat Inter (14) in Milan and proved that it can handle any team, anywhere, even one with some aspirations. Next week Roma plays Napoli at home, the only other team . . . → Read More: Roma Is Unbelievably Good
Roma has convinced me that it deserves this championship. I believe that Napoli is going to be the contender. Juventus instead is using the referee crutch and has already lost credibility. . . . → Read More: Roma Looks Unstoppable
In my last post, I said that the Fed made the right decision because the economy has been weak this quarter and it is going to face some fiscal headwinds. By fiscal headwinds I was really envisioning the debilitating debate in Washington over the debt ceiling. I should have been more specific and called . . . → Read More: Sailing Into Fiscal Headwinds
Inter continues an impressive positive streak against Fiorentina at home and demonstrates that it hopes to finish the season towards the top of the table. . . . → Read More: Inter Flexes Its Muscles
Inter destroyed Sassuolo today 7-0. But all the top five contenders won and the standings are unchanged. The most impressive victory was by Napoli at Milan’s expense. I now see Napoli and Roma as legitimate (not accidental) table leaders. Lazio and Milan have already lost touch with the top of the table. . . . → Read More: It Is A Different Inter This Year
The economy is not strong enough to begin tapering bond purchases by the Fed. Mr. Bernanke, in my opinion, made the right decision that will help the economy. The head winds of fiscal tightening are too strong to add to them. As a small business owner I say thank you for not delivering a double punch (tapering plus debt-ceiling cuts). . . . → Read More: Fed Tapering Will Have to Wait