Very Strong Jobs Numbers Underpinned By Wages

My Comments: Politicians of all stripes consider employment numbers relevant, and well they should. Right now we have the lowest unemployment numbers in this country that we’ve seen for a long time. And it’s all because of that idiot in the White House. This came from a group called Bespoke Investment Group, a name I …

Continue reading Very Strong Jobs Numbers Underpinned By Wages

Bad News Is Good News, Once Again

My Comments: The markets seem as though they are being run by the Kardashians; drama, reversals, intrigue, chaos, take your pick. We watch because we have to, given that for many of us, our future financial freedom is in the balance. November 06, 2015 by Scott Minerd The mantra now is that bad news may …

Continue reading Bad News Is Good News, Once Again

Guy Fawkes Night

My Comments: My grandson was five yesterday. It reminded me of my early days in England and my anticipation of an event that happened every November 5th. Guy Fawkes Day. Fireworks and bonfires and lots of excitement. Here, courtesy of Wikipedia, is an explanation. Also known as Guy Fawkes Day, Bonfire Night and Firework Night, …

Continue reading Guy Fawkes Night

How To Weather The Next Economic Downturn

My Comments: It’s again a question of WHEN and not IF. Despite the fact that most clients understand intellectually that markets go up and down, whenever there is a drawdown, emotion tends to overwhelm intellect. And it happens to me too. For the past few months the markets have trended down. All the while, volatility, …

Continue reading How To Weather The Next Economic Downturn

Crude Oil Supplies Are Enormous

My Comments: If you pay for the gas you use in your car, these are good days. If your life depends on a job in the oil extraction industry, no so good. You can argue the merits, or lack of merits, of fracking, but as the worlds largest consumer of oil, we’re increasingly unaffected by …

Continue reading Crude Oil Supplies Are Enormous

Our Place in the Cosmos

My Comments: This has nothing to do with economics or finance or asparagus. Whatever it is that allows me to think about and observe our presence on this relatively miniscule lump of rock in the cosmos we call earth is beyond my ability to understand. This is an image of a tiny piece of sky, …

Continue reading Our Place in the Cosmos

The View From Across the Atlantic

My Comments: Sometimes it’s difficult to see the forest for the trees. When that happens from time to time, it’s helps me to get another perspective. This one is from England. It’s about the chaos in the political party not now in the White House. This party is searching for new leadership and reading this …

Continue reading The View From Across the Atlantic

An Engineer Explains Trump’s Wall

My Comments: For many, a bigger and better wall to keep out undesirable people is a plausible solution. But sound bites are not enough; someone will have to design, build and pay for it. I left out the construction drawings to keep the message more simple, but if you want to see them, go HERE. Ali …

Continue reading An Engineer Explains Trump’s Wall

Bernie Sanders Is About as Radical as Harry Truman

My Comments: I have only vague memories of Truman; I was just 12 when he died. My father didn't have kind words for him, but then he didn’t have kind words for any politician. For much of my adult life I’ve thought of myself as a rightward leaning Democrat, but as the country has drifted, …

Continue reading Bernie Sanders Is About as Radical as Harry Truman

Big Oil Is Changing It’s Mind

My Comments: For me, economics is a fascinating subject. For you, probably not so much. Environmentalists are cheering the announcement by Shell they are abandoning their efforts to drill for oil in the Arctic waters for which they own the rights. Some will attribute this to media pressure about the likely environmental costs, but I …

Continue reading Big Oil Is Changing It’s Mind