My Comments: This is brilliant. It comes from Rod Rehnborg who is based in Hong Kong. Too often, people in my profession start out in the weeds and drag the reader further into the weeds with every word they write. Before long you have no idea what is going on. For some of you this …
Tag: adviser
The Risks That Threaten Global Growth
My Comments: Readers of this blog will recall my observations about risk in general and in particular, those that will influence our economic well being in years to come. With the new administration seemingly in favor of conflicts over trade between nations, and of retreating from the forces that have fostered global economic growth for …
The Makings of a Caliphate
My Comments: As a lifelong Democrat, I’m very aware that if a million more people in this country had better jobs and were feeling good about their financial future, Hillary Clinton would probably be taking the oath of office later this month. But they didn't so a different force will be running the asylum for …
Income Inequality Is Off The Charts
My Comments: The greatest economic threats to the health and welfare of the world I will leave to my grandchildren will arise from the disparity between the haves and the have-nots. One side of this argument arises from the contempt that was pervasive across the planet toward a political movement driven by what came to …
Welcome to the Exponential Age
18 years ago, the Eastman Kodak company sold 85% of all photo paper on the planet and employed 86,200 people, 46,300 of them in the US. By 2015, they employed 6,500 people and surrendered what was left of the photo paper business so they could emerge from bankruptcy. You may recall digital cameras were invented …
Radical New Hypothesis For Why Humans Exist
My Comments: from time to time my mind tends to wander. Some of you might argue it’s much of the time, but at least it wonders. This may not sit well with some of my friends who believe there is an insurmountable chasm between their faith and the world around them but , for me, …
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Surprise! The Economy Is Looking Pretty Good Right Now
My Comments: Is it OK to be cynical from time to time? I hope so. The primary message that came out of the Trump campaign for the White House was that no one in Washington gave a damn about the working poor of America. That a large group of Americans had been left behind and …
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A Primer on Social Security Spousal Benefits
My Comments: For many millions of us, the monthly Social Security check keeps us housed, fed, and clothed. This is something society has provided for it’s elder citizens since civilizations appeared on the planet. The way it’s accomplished has changed, but the basic premise has not. Why is that some we have put in charge …
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Wall Street’s 2017 Forecasts And Campaign Promises
My Comments: We’re almost there. Whether it turns out OK or not remains to be seen. I suspect it’ll turn out better than many forecast and worse that many expect. Where you and I will fall in all this is a total unknown. But the combined intellect of those making these forecasts is staggering, so …
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Terrorism: A Dire Prediction For Trump’s First 100 Days
My Comments: The level of naivete across the planet is remarkable. But it’s nothing new. I was born near London with bombs dropping all around, in a country governed by one Neville Chamberlain who believed Adolph Hitler was a gentleman and not the monster he turned out to be. There are too many parallels in …
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Helping Define Your Financial Future 