PinnedHow A Secular Decline BeginsLast week we received some sad, no tragic news. Delivered in that unique way we do on Wall Street, absolutely without emotion, just the…Mar 16, 202343Mar 16, 202343
PinnedThe Ukraine TellIn the game of poker, it’s called a tell. A tiny twitch, a blink, or slight movement tells the seasoned observer that something is not as…Feb 17, 202325Feb 17, 202325
PinnedHow A 28-Year-Old Financial Trap Is Exploding NowSpecial Thanks to Dave Coker, over at Medium, for his comments on how US Federal Government Debt has a very short-term maturity.Jan 9, 202321Jan 9, 202321
PinnedOminous Things Are Happening In UkraineTerrible things happened in Ukraine last week, things that are likely to set the future course of this conflict. Unfortunately, these…Jan 17, 202378Jan 17, 202378
PinnedMy Grandfather’s Incredible Advice On Working Past 65My Grandfather retired in 1958. For most of his career, he worked for the Atlantic Richfield Company, now known as ARCO. When he retired…Mar 29, 202317Mar 29, 202317
How Trump’s Tariffs Will Likely Affect Your WalletIn a world where technology and capital are highly transferable, there is a real risk that comparative advantage comes to be defined as…4d ago4d ago
DOGE — The Science of Deconstructing A Bloated BureaucracyA trillion was not invented by someone in finance — we deal in much, much smaller numbers. Our numerically greatest stock index is the Dow…Feb 148Feb 148
President Trump’s Challenge: How To Return The Economy To Normal After Years Of Unrelenting…Can President Trump manage the economy if it begins to slow? It’s an important question that will likely determine the success or failure…Feb 1110Feb 1110
DOGE — Looking Under The Hood Of Government SpendingMy friend Sam always says: “Information wants to be free.” By this, he means both without cost and readily available, free access to…Feb 67Feb 67
Closing The Books On Bidenomics — Our Experiment In Centrally Planned ProsperityImagine a world where everyone was guaranteed an annual salary, not-for-profits, hospitals, schools, and universities didn’t have to worry…Feb 38Feb 38