Our Flawed Financial System is Reflected in Bitcoin

My Comments: What exactly is a bitcoin? I’ve been reading about them for many months now and I’ve yet to understand how I would spend one if it happened to show up in my change at Publix. Chances are it never will. But... The image suggests they are made of metal. But that runs counter …

Continue reading Our Flawed Financial System is Reflected in Bitcoin

The Largest Supply Side Shock Since The OPEC Crisis Of The 1970s

My Comments: I realize that many of you have no idea what happened in the 1970s. I’d like to forget some of it so you’re ahead of me. The OPEC Crisis was a move by oil producing nations in the middle east to cut supply drastically, which caused gas prices to jump dramatically and leave …

Continue reading The Largest Supply Side Shock Since The OPEC Crisis Of The 1970s

Spring Check-Up: 5 Investment Ideas For Your Portfolio

My Comments: OK, we’re a long way into Spring, but the dramatic push to finish taxes by April 15th is behind us. Time now to review and reflect before the heat of summer is here. These five ideas make sense to me. And yes, the approach I take with clients is a little different, ( …

Continue reading Spring Check-Up: 5 Investment Ideas For Your Portfolio

RIP Obama’s Stimulus: Funeral for a Policy Success

My Comments: OK, maybe “funeral” is too strong but the bloom is clearly off the lily. I’ve been registered as a Democrat since I was in college. This was when you had to be if you wanted to vote in the primaries. The only people running were Democrats. I’ve called myself an economist since my …

Continue reading RIP Obama’s Stimulus: Funeral for a Policy Success

Ruling Near on Fiduciary Duty for Brokers

My Comments: I’m proud of the fact that I’m held to a fiduciary standard. It’s in my best interest as a professional to be held to the same standards as attorneys, CPAs, physicians, and the like. My focus has to be on what is best for my clients, and that’s a good thing. Readers of …

Continue reading Ruling Near on Fiduciary Duty for Brokers

The Real Health Care Spending Problem

My Comments: When do you think Congress will adopt any intelligent process to fix ObamaCare so we can all get on with our lives? Anytime soon? Doubtful. As someone who has sold health insurance policies of one kind or another since 1976, I think of myself as fairly knowledgeable about the issue. In those many …

Continue reading The Real Health Care Spending Problem

Forecasts of US Fiscal Armageddon Are Wrong

My Comments: Over the years I’ve had people wonder why I’m an optimist. They’ve decided I’m simply blinded by whatever it is that causes me to lean to the left instead of the right. To their mind, the world, and in particular America, is going to hell in a handbasket. I believe that for centuries, …

Continue reading Forecasts of US Fiscal Armageddon Are Wrong

U.S. Defense Policy in the Wake of the Ukrainian Affair

My Comments: I was born in England in 1941 with bombs dropping on and around us almost daily. My father, with the Royal Tank Regiment, was across the Channel in the thick of things. Today I have memories of blasted buildings and walls standing here and there, some with staircases. My mother used to put …

Continue reading U.S. Defense Policy in the Wake of the Ukrainian Affair

Global Markets: At A Turning Point?

My Comments: This article was published two months ago, so it is interesting to see how the ideas expressed were validated or not over February and March. At the time, the focus was a just ended and very dismal January. Everyone was asking me about the rest of the year. And I didn’t have a …

Continue reading Global Markets: At A Turning Point?

A Deal Over Ukraine is Ugly But Unavoidable

My Comments: Now that the University of Florida's march to the national title game in basketball is behind us,  (Congratulations, guys, for giving us several months of enduring pleasure as we watched you grow and succeed!) it's time to come back to earth and consider how life is likely to play out on other fronts. …

Continue reading A Deal Over Ukraine is Ugly But Unavoidable