GARY KAPANOWSKI: Companies aren’t taking on as much debt as you think

With the low level of interest rates, corporate America is refinancing the debt level and not issuing more debt.  In fact the net level of debt for organizations has lowered to levels comparable to 2005.  This is against most conventional wisdom since the net debt level increased in both 2012 and 2013.  It looks like […]

GARY KAPANOWSKI : To Save the Middle Class

To save the middle class is the latest “rebel yell” coming from former US Secretary of Labor Robert Reich.  In his most recent commentary dated 1/30/15, he elaborates on many items from the financial stock market crisis to insider trading laws claiming these are the reasons for the destruction of the middle class. Being a […]

GARY KAPANOWSKI: U.S. growth may sputter with productivity and population growth so low

This article points to the latest data and trends indicating that the US economy will grow less than its potential due to the demographics of its people (resources).  The sum of the productivity growth and working-age population indicates a slow growth economy.  As the working age workforce declines with age, there will be less productive […]

GARY KAPANOWSKI: Why the Financial Crisis Took Economists By Surprise

Pope Francis is on a world tour talking to everyone, and it seems to have produced dividends.  Among the 43 nations he visited, he received 60% positive support from a random sample of 50,000 participants.  The highest support was in the US (84%) and Europe (78%) with the lowest in Asia (41%) and the Middle […]

GARY KAPANOWSKI: January’s Market Volatility – Blip or Omen?

As a Lean Six Sigma professional, volatility means opportunity.  As the market experienced  moves of more than 100 points 75% of the time in January, your “spider senses” tell you it’s time to get to work.  Many experts like Mohamed El-Erian have identified this as a divergence of macroeconomic performance and monetary policy prospects.  This […]

GARY KAPANOWSKI: Union Membership declining

Having data is important not only understanding the issues, but also in framing the questions.  As I reviewed the government data on union membership, it is interesting to see the macro effects of the current state of membership. Throughout the union, the top three states with union membership are New York (24.6%), Alaska (22.8%), and […]

Gary Kapanowski: Risks grow as global economies diverge in 2015

In this analysis by Mohamed El-Erian, one of the world’s best economic minds, illustrates the importance of the strong US dollar is having in the world.  The word “divergence” is being used in many corners.  It is a basic gap analysis on a macro scale.  El-Erian describes the world into four groups.  By understanding these […]