Last night, a friend texted me wondering what I would write about today. To be sure, there is no shortage of topics to discuss. However, the GameStop imbroglio, which I think is an apt word, is…
Thought Leadership
While all years go down in the history books, by definition, 2020 will do so with an exclamation point. No one could have predicted the 12 months we all just lived through. We had a pandemic,…
If you have read this newsletter in the past, you might be familiar with what I am about to write: “politicians get too much credit for the good times, and too much blame for the bad.”…
Two weeks into the new year, and this January seems to be the 13th month of 2020! Oh, the hopes we had for 2021! Brotherhood! Unity! Normalcy! The vaccines! Anything had to be better than the…
Given the way Christmas and New Year’s Day fell on the calendar, the past two weeks have been pretty slow in the investment industry, at least relatively. Judging from trading volumes, along with other data, it…
This week, I almost ran over a church friend of mine who was standing in the middle of the street staring at the sky through binoculars just after sunset. I stopped to ask him what he…
Congress just recently passed a new COVID-19 relief package coupled with $1.4 trillion spending bill. When AOC and Ted Cruz are both in agreement in saying they have not had enough time to read the bill…
Recently, for some reason, the Battle of Passchendaele during World War I came to my mind when I was reading an article about the continued economic shutdowns in various states (specifically California). This battle was more…
This year, more than most, I have had numerous people from both sides of the political aisle tell me: “I am extremely worried about the future of this country.” Interestingly enough, to a person they have…
Minimum Wage Minimum wage is simply a price floor for labor. When the minimum wage is above the market clearing price there will be a surplus. Does the federal government have enough information to decide what…