Peter Morici

Trump’s long to-do list includes increasing border security, extending tax cuts

A full inbox awaits President-elect Donald Trump when he returns to the Oval Office.

November 19, 2024

Steady your nerves, stocks remain a good place to invest

Stocks are reasonably priced and are a good place for ordinary folks' long-term savings.

November 12, 2024

U.S. needs a strong military to defend dollar’s global status, our standard of living

With President Biden's retirement, the curtain falls on the post-Cold War era.

November 5, 2024

Computers will make mischief once they learn to talk, listen and reason

By the end of this decade, AI agents will be able to communicate in conversational English to make decisions, take actions, negotiate on our behalf, achieve goals and, if we allow it, order our lives.

October 30, 2024

Three lessons of COVID shockflation

Federal Reserve policymakers shouldn't lower their guard. Inflation isn't dead.

October 22, 2024

Federal Reserve may not reach its 2% inflation target

The Federal Reserve's decision to cut interest rates moved markets. The next day, major stock indexes surged to record highs.

October 15, 2024

Whether it’s Trump or Harris, Americans will get populist economics

Whether voters choose former President Donald Trump or Vice President Kamala Harris in the November election, the economy will be altered by forces beyond either's control or brand of populism.

October 8, 2024

Fed Chairman Powell is rolling the dice on our economy

Federal Reserve Chairman Jerome Powell has decided the economy needs easy money again and is betting that inflation will soon die.

October 1, 2024

American sovereign wealth fund needs independent management

President Biden and former President Donald Trump don't agree about much. Still, both are intrigued by the idea of a U.S. sovereign wealth fund similar to those of Norway, Saudi Arabia and China.

September 24, 2024

Intel’s woes deliver a gut punch to Biden’s semiconductor policy

President Biden's industrial policies to revitalize domestic manufacturing and meet Chinese competition in Artificial Intelligence recently took a gut punch.

September 17, 2024

How to achieve financial security and a comfortable retirement

Living well, investing in educating yourself, assisting your children and enjoying retirement often seem like competing goals.

September 10, 2024

How to impose Trump’s tariffs on China without harming consumers

President Biden is correct to focus the nation's economic and strategic resources on China as the pacing challenge to our security and prosperity.

September 3, 2024

Dollar is strong because America is strong

Populists love to rail against globalization for destroying American jobs in once-thriving manufacturing communities. And the strong dollar is a convenient vehicle for former President Donald Trump to animate this frustration.

August 27, 2024

Trump’s populism is not unique, won’t deliver enduring prosperity

The nation's elites have failed ordinary Americans with high inflation and stagnant incomes.

August 20, 2024

College still pays, but most universities need a good housecleaning

America's universities -- and employers offering the best opportunities to graduates -- need a reality check.

August 13, 2024

FTC banning noncompete agreements boosts employees, economic growth

Nothing brings out business caterwauling like a sweeping new government regulation. The party-line Federal Trade Commission vote to ban most no-compete agreements in employment was no exception.

August 6, 2024

Biden to leave next president with budget, security headaches

President Biden's legacy is mixed. Only a handful of his predecessors could boast his range of legislative accomplishments, but he will leave the nation in perilous condition.

July 30, 2024

Federal Reserve shouldn’t rush to cut interest rates

Inflation has improved lately, and investors are optimistic that the Federal Reserve will soon lower interest rates. Whether that's prudent comes down to three questions.

July 23, 2024

Investors fear Trump presidency will boost inflation, interest rates

President Biden's disastrous performance debating former President Donald Trump last month set off panic among Democrats to rescue his candidacy or replace him.

July 16, 2024

Billionaires rushing to support Trump may be disappointed

Billionaires are flocking to support former President Donald Trump's campaign. Perhaps they believe the benefits of lower taxes and less aggressive regulation outweigh his behavioral transgressions.

July 9, 2024