I used to eat a lot of natural foods until I learned that most people die of natural causes. During this pandemic, our Country has been forced to take a hard look at lifestyle, health, and essential goods. Our society, workplace, and family are being forced to draw lines between
“Wars in old times were made to get slaves. The modern implement of imposing slavery is debt.” – Ezra Pound 1885 – 1972 The whole world has changed and will continue to do so. There will be things you will love and things you will hate. It is your response
Well, I was going to start off this month’s letter with an economist joke…but there was no demand… Maybe something more sobering from our own late great San Diego weatherman John Coleman, “The point to remember is that what the government gives it must first take away.” The COVID-19 virus
A month ago, I thought that this month’s letter would start out with an April Fools’ joke and a few celebratory comments about me having survived 35 years in the commercial real estate business. Instead, a black swan event has taken us from a health crisis to a global pandemic
Ah, to have 2020 vision! “It’s the economy stupid.” Since 2010, total employment in the U.S. has increased by almost 20 million and is now approaching 160 million! It used to be said that if America sneezes the rest of the world catches a cold. Today, if China sneezes the
“Valentine’s cards say stuff on them that we’d like to say ourselves, but we wouldn’t be caught dead saying.” – Mike age 8 Happy Lunar New Year and the year of the rat! I must tell you; I was scheduled to run the Hong Kong marathon on February 9th, but
Happy New Year! Welcome to the ’20s! In the 1920s, the Model-T’s were rolling off the assembly line while the economy continued to find ways to train workers while at the same time drive automation. Today, Amazon is in the thick of the same thing The company announced that it
Christmas: what other time of the year do you sit in front of a dead tree and eat candy out of your sox? The world today is divided about what is going on and how to move forward. We live in a time of political division and personal distraction. We
When I was a kid, I eagerly awaited my monthly issue of Boy’s Life Magazine. I would devour the stories and projects and adventures of others. Then I would read the ads in the back. I would beg my parents to buy me the pet sea monkeys. I had visions
Wall Street is flirting with reclaiming record highs, but a rocky ride may be ahead as stock volatility has been 25% higher in October on average since 1928 according to Goldman Sachs. The U.S. Treasury market is flashing a classic recession signal called the “inverted yield curve.” This is where
In my July letter, I linked to some extra credit reading ZeroHedge.com about the Fed overstating U.S. jobs by about 800,000. Most thought, this just cannot be possible.
