My Comments: Fixing what ails us ain’t going to be easy. Especially when the two political parties are more intent on having the other fail than doing what we hired them to do in the first place. My future is limited while that of my children and grandchildren has decades to run. Economics, despite it …
Continue reading The 5 Worst Possible Shocks To The Economy; From Washington, D.C.
My thoughts on this: We can argue ‘till the cows come home whether Donald or Hillary is more reprehensible. And we can wonder if the other two national candidates will meaningfully affect the outcome next November. Donald may indeed be a nice guy, but I’m not ready to cede him the prize as CEO of …
Continue reading Trump’s Thin Skin Shows CEOs Are Not Made For Politics
My Comments: I try hard to worry only about the present and the future. Here are seven things I took for granted today that will soon be gone. Trying to bring these back, even if they hold good memories for us, will not be possible. I tell myself to get used to it, but it’s …
My Thoughts: Happened across an article about Andre the Giant yesterday. I remembered an event from about 25 years ago while in the Atlanta airport. It was in a departure area with lots of people milling about, all of waiting to board. I glimpsed, perhaps 50 feet away, a face I thought I recognized from …
My Comments: I think the Fed's raising interest rates the other day is more symbolic than meaningful. The follow on events were/are inevitable. As usual, life does not move in a straight line. And like death and taxes, interest rates had to eventually move off Zero where they’ve been for many, many months. So moving …
My Comments: In the past months and years I’ve featured the comments of Scott Minerd, the Chairman of Investment and CIO of Guggenheim Partners. This organization is not big, relatively speaking, as they ONLY have about $250 billion under management. (I could live very well on a tiny fraction of what that amount earns every …
My Comments: I think I found this article published in Medical Economics some months ago. I apologize for my inability to provide accurate sourcing. That aside, all of us have a ZERO obligation to pay more in taxes than absolutely necessary. Just remember, the IRS has a responsibility to collect taxes. It’s up to us …
My Comments: As a financial planner, my job is to identify existential financial threats faced by a client and attempt to remedy the potential problem before it becomes a real problem. For the record, an existential threat is something bad that might happen. The idea is to take steps to keep them far in the …
My Thoughts: An example of our insignificance in the universe; here is a short (1.10 mins) video that portrays a shower of gamma rays from a galaxy far, far away. The video was posted on a web site I often visit sponsored by NASA. Every day there is new image or video that reflects something …
My Comments: Greece is the focus for many of us whose professional interest is the management of money, both for ourselves and our clients. I’ve said the crisis has the potential to be calamitous, not just for Europe, but for the rest of the world too. Here, Scott Minerd suggests we step back a bit …
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