1/3/2023 Why everything worthwhile requires work, time, and effort. The Wall Street Journal published an interesting article about these rookie traders calling it quits. All of these people who got into trading. All the meme stocks and crypto and everything else that was going on during the pandemic, and how they are now all busted, […]
12/27/2022 Why the cold weather is bad for the power grid Oh yes, the old Christmas song, “Baby, it’s cold outside,” and what was it? Why was this the case, and why, once again, could our power grid barely handle it? People were told to turn down the thermostat, avoid using large appliances, and prepare […]
12/19/2022 Why stop the impeachment of Alejandro Mayorkas? I’m seeing a variety of elephants out there. They want their image in the newspaper. They want to be on TV, so they send a fax or an email saying they want to impeach Alejandro Mayorkas due to the border. But what good will impeaching Mayorkas do? […]
12/12/2022 Why you should be aware of Wall Street chattering class and focus on the fundamentals. I’ve been finding myself on program panels with Wall Street chattering classes that claim to know what will happen in 2023. Have you ever gone back and looked at their projections for 2022, 2021, or 2020? Have you ever […]
11/14/2022 Who has the power for debt forgiveness? Let’s play a little game today. A “who said it?” game. “People think that the President of the United States has the power for debt forgiveness. He does not. He can postpone. He can delay. But he does not have that power. That has to be an […]
11/7/2022 Elections have consequences, choose wisely I used to have these gamebooks when I was a kid that I absolutely adored. They were very fun. “Choose your own adventure” was what they were called. It is a sci-fi adventure story and it was great. Essentially, you played a role and read along, reaching a moment […]
10/31/2022 Economic Grow Means Pie Growth Let’s start this week by discussing “The Deadly ‘De-Growth’ Craze” by Andy Kessler in the Wall Street Journal, in which he explains the importance of growth. According to the degrowth theory, the economic “pizza pie” must stay stagnant, and everybody gets their fair share of the pie. My argument, […]
10/24/2022 Retirement funds suffer from inflation This week, we started off taking a look at 2022 Federal Tax Collection. Almost 5-Trillion dollars? When will it be enough? And not to mention, inflation is biting when it comes to people’s retirement savings. More than half of working US adults feel that they are behind on retirement […]
There is a myriad of reasons why we are seeing weakness in the financial markets. We have been covering the inflation issue extensively over the past several years. We have also talked about the ridiculous easy money policies that were driven by excessive government spending. For all intents and purposes, the trillions of dollars in […]
Investment Banking and Big Brokerage. Throughout my decades long career, I have witnessed an industry get progressively worse for individual investors. Whereas Wall Street used to be a place where one would go to borrow money or raise capital to build a business. The industry has become a utensil for maximizing the number of encounters […]