Juggling Dynamite

After Friday’s disappointing jobs report, JP Morgan Fund’s David Kelly and the Economic Cycle Research Institute’s Lakshman Achuthan debate what it means for the economy — are we entering another recession? Achuthan explains that data says yes. Not surprisingly, Kelly–JP Morgan’s head equity strategist–doesn’t see any grounds for concern. Oh and he thinks stocks are still cheap…but then, always does. Never sees recessions or bear markets, so never has to downsize or sell equity holdings. “Don’t worry, be happy” and all with that lovely Irish lilt. Here is a direct link.

Salman Khan and his revolutionary Khan Academy are truly one of the most inspiring, hopeful things going right in the world today. One of my closest friends is presently completing prerequisite math studies for a London School of Economics degree from their home in Canada, for free, via the Khan Academy website here. There is no reason for anyone to sit around ignorant or bored today so long as they have access to the internet and know where to look. The potential for global enlightenment is truly unprecedented in human history. Conventional ideas about education are being turned on their head. See the below clip for an exciting conversation. What would you like to learn?

Salman Khan, Founder of the Khan Academy on his book “The One World Schoolhouse: Education Reimagined”Here is a direct link.

Federal Reserve Bank of Dallas President Richard Fisher talks about monetary policy,financial regulation, Bank of Japan’s decision to double monthly bond purchases and lessons from Cyprus and Iceland.Here is a direct link.