Confusing Candidates

The news has been full of economic policy proposals from our two major candidates.  I’ll tell you that I’ve been reading them with interest, but cannot make sense out of either of them.  They are both promising big economic windfalls to their favored protected classes and paying very little attention to the country’s current $35T debt (123% of GDP, up from just 56% in 2000). … Continue reading Confusing Candidates

Relaxation Day

Today is ‘National Relaxation Day’. It’s recorded in Chase’s Calendar of Annual Events, after being proposed by Chase’s 9-year old grandson, Sean Moeller, in 1985. I celebrated the day by mowing the lawn. For me, that’s pretty relaxing. After all, I’ve had a busy week. On Monday we played pickle ball. Tuesday was a 37-mile bike ride – my longest ever. Wednesday I played tennis … Continue reading Relaxation Day

Wobbling The Wrong Way

I’ve been saying for about a year that the economy seems to be “wobbly”. It hasn’t been clear if the economy is going to improve (see: Bidenomics), or tip toward recession (see: Bidenflation). Increasingly, it seems like we are tipping the wrong way. This morning, the Dow Jones crashed 1,000+ points – compounding on losses last week. I will note that the Dow remains UP … Continue reading Wobbling The Wrong Way