My Comments: The headline says ‘really near’ but what does that mean? In my past I worked with a currency trader whose idea of a long term hold of a position he’d bought was 3 days. His idea of 'really near' was about 30 minutes. If you are now in your 30’s or 40’s, your …
Continue reading The end really is near: a play-by-play of the coming economic collapse
Friday’s Random Thoughts: I’ve long argued that the health care system in America is a mess. (How Did Health Care Get to Be Such a Mess?) These next words from Kevin Tolliver, a physician with a strong exposure to economics and finance, is a welcome addition to the debate. It’s taken a long time to …
Continue reading 10 things I’ve learned 10 years after I finished medical school
Tony’s Comments: I’m becoming a Social Capitalist in my old age. On the one hand I embrace capitalism as the most viable economic model for us to follow while on the other hand know that in it’s purest form, it can be as evil and unworkable as communism at the other end of the spectrum. …
My Comments: Since this article first appeared several months ago, the current administration has doubled down on the idea of import tariffs. For some reason, it thinks that trade wars are what is needed to ‘Make America Great Again’. A reverse analogy that comes to mind are the gas price conflicts that used to appear …
Continue reading Trade Wars: Stop Hyperventilating, It’s All About the Dollar
My Comments: The article I share with you here appeared in Forbes, which no one thinks of as a liberal rag. The reality is that free markets evolve over time, with some markets proving resilient and profitable, and some going the way of the dodo bird. Putting limits on free trade makes little sense to …
My Comments: For the past 18 months, there has been a war on immigration, fostered by Donald Trump and most Republicans. It portends an economic disaster for the US economy. Yes, open borders will inevitably allow some bad people into the country. But it will also allow some really good people in as well, and …
Continue reading Welcome, Immigrants. The U.S. Really Needs You
My Comments: Anyone of you who has money invested or is dependent on cash flow from your investments to pay your bills needs to be concerned. What follows is a very good explanation for anyone who whose time horizon for retirement is less than 10 years. Uncertainty is the biggest driver of global pullbacks in …
My Comments: We can argue ‘till we’re blue in the face about when this is going to happen and none of us will be right. Just know it will happen. There’s a reference in Scott Minerd’s comments below about the Fed raising interest rates. Here is a chart I found some time ago that shows …
Continue reading Guggenheim investment chief sees a recession and a 40% plunge in stocks ahead
My Comments: Most of the recent talk about the Constitution comes in the wake of the tragedy in Parkland, Florida, for obvious reasons. The attention is well deserved but I'd have you think about more than just the 2nd Amendment. At the national level, if not across the globe, society is re-evaluating itself. Are the values …
Continue reading Can the Country Survive Without a Strong Middle Class?
My Comments: As someone born on British soil, I am more than casually interested as Britain comes to terms with it’s choice to leave the European Union. Immigration is but one of several areas with huge economic implications for Britain in the coming years. There are parallels between what is expressed in this article by …
Continue reading Why Britain needs the immigrants it doesn’t want
Helping Define Your Financial Future 