Monday = Investing Money: I’d like to think that my posts help someone, anyone? Professionally I’ve lived in the financial world for over 40 years and it pains me to say I haven’t a clue what’s going to happen next. What’s telling is that others, far more competent than I, don’t have a clue either. …
Tag: Investment advisor
Capitalism’s excesses belong in the dustbin of history. What’s next is up to us
My Comments: Some of you will not bother to read this. Like when you’re in the car looking for a radio station and you hear classical music or country & western; you can’t stand either so you just move on. But we all have a responsibility to our children and grandchildren. So, in my opinion, …
Continue reading Capitalism’s excesses belong in the dustbin of history. What’s next is up to us
Trump Cannot Make America Govern Itself Again
My Comments: There is far more at stake here than making Trump become relevant again. Apart from my personal, visceral fear that we’ll find ourselves in another brutal and painful war, the standard of living across these United States is eroding. Unfortunately, that erosion is like watching a car rust. It can sit in your …
Continue reading Trump Cannot Make America Govern Itself Again
Protectionists Are Wrong About Unemployment
My Comments: This doesn’t tell the whole story. But it helps. And, yes, this does have political implications. Make America Great Again is a very complicated matter. What a surprise. And you thought it would be easy and would happen overnight after we drained the swamp. Well... Donald Boudreaux is a senior fellow with the …
Continue reading Protectionists Are Wrong About Unemployment
Are You Ready For The Next Crash?
My Comments: Dr. Doom here once again! Fundamentally, I’m an optimist, except when the shadows of doom are clearly in the wings. If your money is exposed to the markets, I encourage you to read this. If you can, look carefully at the chart and note the changes in key metrics for our economy between …
Nursing Homes, LTC And College Planning Are Toast, So Is Retirement
My Comments: I graduated from high school some 58 years ago this month. So… Time for a visit and see who is still alive. And also meet up with my college roommate whom I haven’t seen for 54 years. A busy few days. He's the one in the middle staring at the camera. So I …
Continue reading Nursing Homes, LTC And College Planning Are Toast, So Is Retirement
“…the Nature of Capitalism”
My Comments: There are changes afoot, and 45 and his cronies seem to have few clues. Or, more likely, they don't give a damn. The disparity between those at the top of the economic food chain and the rest of us not at the top, is called ‘income inequality’. The different approach taken by the …
Re-Negotiate NAFTA?
My Comments: The North American Free Trade Agreement was passed by Congress on 11/30/1994. It was approved by 34 Republicans and 27 Democrats. It’s purpose was to increase trade across North America without creating a single currency among the three countries involved. 22 years later, industries specific to each country have evolved to reflect strengths …
What Is The World Coming To?
My Comments: What’s your poison? Politics? Money? Entertainment? Sports? Religion? Well, this post is about economics and finance. Some of you will run and hide. That’s OK. It comes from Guggenheim Investments and is a quick and dirty look at the next few months... With spreads tight in high-yield corporate bonds, loans, structured credit, and …
Is The S&P 500 Overvalued?
My Comments: Are you willing to bet your financial future that this time it’s different? 27 days after this was written and it’s only gotten worse. By Aaron Hankin | April 18, 2017 Given rising geopolitical tension in the Middle East and North Korea, and rising skepticism about Trump administration policy, you could be excused …