James Glassman

2 weeks ago | houstoniamag.com | James Glassman

Image: HOUSTONIA COMPOSITE/COURTESY JAMES GLASSMAN Every month in Houstonia, James Glassman, a.k.a the Houstorian, sheds light on a piece of the city’s history. To say that Westheimer Road is struggling with an identity crisis would be an understatement. The storied street is a colorful buffet of all that is Houston, and it’s easy to make a case that it is, in fact, Houston’s most famous street, all 18-plus miles of it.

3 weeks ago | kiplinger.com | James Glassman

Europe's stocks have been terrible for investors. The MSCI Europe Index, which captures the performance of 399 mid- and large-capitalization stocks across 15 markets, returned an annual average of just 4.2% over the past 10 years. The equivalent MSCI index for U.S. stocks returned just over 11%. Since 2018, the European index has beaten the U.S. index in only one year, 2022. But in 2023 and 2024, the U.S. beat Europe by an average of some 15 percentage points.

1 month ago | kiplinger.com | James Glassman

When it comes to inflation, the U.S. has been living in a fool’s paradise. Inflation — that is, the rise in the general level of prices — has been a fact of economic life, averaging 3.3% annually since 1914. But from 2009 to 2020, the consumer price index rose just 2.1% a year. We got used to inflation one-third lower than the historical norm, which is why post-COVID prices have been such a shock. The best way to drive inflation out of the system is to hike short-term interest rates.

1 month ago | houstoniamag.com | James Glassman

Image: Courtesy James Glassman Every month in Houstonia, James Glassman, a.k.a the Houstorian, sheds light on a piece of the city’s history. Right around the time Houston’s live oaks began shedding their old leaves, the Houston Astros reported for spring training. While the baseball preseason action was in Florida, plenty of Houston fans shed their own winter wear and dusted off their Astros jerseys in anticipation of Opening Day.

1 month ago | cryptostudent.io | Matthew Boyse |James Glassman

[[{„value”:”As the U.S. tries to make headway on a plan to end the war in Ukraine, European allies are moving to defend the country—and their continent—from Russia in the future. Discussions indicate that a coalition of the willing could provide a “presence on the ground, in the air, and at sea, as well as air defense.” This support is not set in stone. Right now, however, there’s a way Europe can show it’s serious: intensify its economic sanctions against Russia.