My Comments: Global media is full of woe and gloom about the near term economic future of the US and the rest of the planet. This has the potential to add to that gloomy forecast. I have strong memories of the Cold War and the threat posed by the Soviet Union. While the Soviet Union …
Tag: money management
Investing In Our Families
My Comments: When I saw this, I was surprised. When you have family wealth of many billions, you don’t expect to see a nuanced economic commentary. It’s refreshing to see someone clearly at the very top of the economic pile, writing in recognition of those near the bottom. Of course, it helps that if those …
Middle Class Shrinks to Half of US Homes
My Comments: Amid all the hubbub about The Donald, ISIS and Christmas, this report has gone mostly unnoticed, but it has huge implications for our children and grandchildren. Since 1946 and the ending of WW2, American society has grown more prosperous and economically successful than any society on the planet. If you measure success by …
A Wicked Wind Will Blow In 2016
My Comments: Are you wondering about your investments going forward? This will give you pause. Dec. 4, 2015 by Bret Jensen The market had a huge rally to end the week and clawed back Thursday's large losses. The trigger for the rise was a better than expected November Jobs Report that also had an upward …
Reclaim Republicanism for the Conservatives
My Thoughts: I vowed recently to stop posting anything political. All it does is encourage trolls who eviscerate those who dare to think differently. But from time to time I’m reminded that a viable two party system is probably critical for the long term survival of our democracy. There is a crisis bubbling up that …
Continue reading Reclaim Republicanism for the Conservatives
Edwin Hubble’s Birthday
I'm not sure how many more I will have, but their celebration as a recurring milestone in life is a good thing. Among my daily pleasures is checking a website with an image of cosmic interest. An image like this one, for example. Virtually every speck of light, including the swirls and blue, smudgy spots, …
Always Think About Inflation
My Thoughts About This: Inflation is one of those existential threats I always talk about with clients. But it’s like watching a car rust. You simply don’t notice it on a daily or monthly basis. But the Oh MY God inflation that happened to the Weimer Republic in 1921-24 or perhaps more recently in Argentina, …
Cameron’s Cunning Plan for Bombing ISIS in Syria
My Thoughts: Now that Thanksgiving Day has passed, and Black Friday is upon us, it’s time to come back to earth. BTW, I hope you had a great Thanksgiving with family and friends; let’s do it again next year. The subtitle of this article, which comes from The Financial Times, reads as follows: The questions …
Continue reading Cameron’s Cunning Plan for Bombing ISIS in Syria
Investors Avoiding Both Stocks And Bonds
My Thoughts: Many of us are concerned about our investments. We don’t want our money under the mattress; we don’t want it all in money markets; we know bonds are going to get hammered when the Fed decides to start raising interest rates; and we know that over the past three months, the stock market …
China’s Currency Conundrum
My Comments: Our standard of living, yours and mine, used to be a function of how well we built our house and how well we managed to feed and clothe ourselves. That was perhaps 250 years ago, a single blip in the passage of time. A blip later it’s a little more complicated. Among the …
Helping Define Your Financial Future 