It’s hard to know even what to say this morning. I’ve heard that “every bull market is the same, but every bear market is different” because they are triggered by a unique economic disasters. That’s certainly the case now as I fear the market will open today with another 1000 point drop based on the DJIA futures. While these are unique times, they are causing … Continue reading Advice From A Century Ago
I love looking at long-term trend charts. In our less than 24 hour news cycle, we often lose sight of the actual arc of history. This is especially true in an election year when pol-idiots in the media broadcast nothing but doom and gloom. This chart is very interesting … … it simply shows what has gotten more expensive of more affordable relative to everything … Continue reading Two Decades of Inflation
The world is watching the protests in Hong Kong, and BitCoin seems to be playing a role. Protesters are trying to exert pressure on the Chinese economy by swapping out their Yuan for other currencies. BitCoin is seeing a boost … up from $8K a coin in early-June when the Hong Kong protests started to $10.3K as of yesterday. That’s a pretty solid run for … Continue reading Hong Kong and Bitcoin
Readers were pretty negative when the year 2019 began – with good reason. The financial markets had sunk severely at the end of last year, the government went into a budget shutdown, and many so-called experts were saying that the next recession had already begun. If you like stability, there was very little to feel optimistic about on New Year’s Day when I published this … Continue reading Fast Start On 2019
