Open Letter to Jay Powell

Open Letter to Jay Powell

Dear Mr. Powell, We need to reassess the status of our economy, inflation, interest rates and recession. It is true that we do not make anything in the United States anymore and therefore supply has to come from overseas. It is also true that clogs and delays in the...
Interest Rates, Inflation, Recession

Interest Rates, Inflation, Recession

Economics is a relatively complicated subject. Some definitions and explanations are required for those not familiar with the subject. The basic principles of economics are the laws of supply and demand. The price we pay for a product or service will rise or fall...
Crypto Whatever

Crypto Whatever

Substantial changes are taking place in the investment landscape worldwide.  Purchases of cryptocurrencies, which seemingly began on a small scale by mostly retail investors, appear to be becoming more acceptable in fact to larger more influential investors and even...
Sovereign Debt

Sovereign Debt

It mystifies me to watch investment portfolio managers run to hide investment money in government bonds when they see the stock market in decline. Surely, balance sheets of most corporations, even some with too much debt, are in better shape than the balance sheets of...