Dear Fellow Expat: I think today is the day… I'm going to tell her. It's been coming for a long time. Those three little words that will drive our future. Three sobering terms bind our fiscal and emotional bonds. "Higher for longer." Yes, my love, the Federal Reserve will keep interest rates higher for longer. […]
Archives for September 2023
September 2023 - Money Morning - Only the News You Can Profit From
Postcards: Captured by Vines... and Regulation
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Dear Fellow Expat: Dear Fellow Expat: I'm fighting a losing battle. Yesterday, I paid a landscaping company to carve out about a 60-foot by 100-foot area of land in my backyard. Rip out the soil. I'm putting in some fences. I'm putting stones in the path. I'm looking to build a garden surrounded by mango […]
Dogs That Are Fluent in Spanish for $200, Alex.
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Dear Fellow Expat: Her tail wagged. Then, it wagged harder. Then she jumped on the table. Gracie, our nine-year-old (give or take) Chihuahua mix, couldn't contain her excitement. After a six-week delay, we finally got our new couch. But she wasn't thrilled about a new place to sleep during the afternoon. The two men assembling […]
This Is My Biggest Economic Fear
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Dear Fellow Expat: Tucker Carlson will release an interview tonight with Argentine presidential candidate and front-runner Javier Milei. Follow the U.S. media focus on Milei, and you’ll see he’s labeled as “right-wing,” “radical”, and “libertarian.” The attacks on his economic plans are all-out nuclear assaults… largely because he’s exposing the endgame of problems still building […]
Rapid Intensification
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The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him. — […]
The Green Tragedy… and Red Momentum
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Dear Fellow Expat: This morning’s CPI reading didn’t surprise anyone except for Paul Krugman. The embarrassing (but never embarrassed) economist has said over the last few months that inflation is falling. The same message goes for sycophants who are: Protecting their political asses. Doing all they can to deflect from the inflation they caused by […]
Tesla’s (Driverless) Route to Dominance?
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There’s an old saying in Tennessee – I know it’s in Texas, probably in Tennessee – fool me once, shame on… shame on you. Fool me – you can’t get fooled again. -George W. Bush In 2016, Elon Musk promised every Tesla (TSLA) shipped would “have the hardware needed for full self-driving capability at a […]
The Oil Counter-narrative
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Dear Fellow Expat: I’d prepared a screed on our Department of Energy. The incompetence at the top. The mismanagement of oil output in America. And how we’ll probably screw up what might be the largest global lithium deposit discovery. But that must wait until tomorrow. There’s something FAR more important… RIGHT NOW… As you know, […]
Tales from Nextdoor and the Naples “Mom Page”
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Dear Fellow Expat: Nextdoor.com is a social media site allowing neighbors to discuss all things local… Restaurant reviews, updates about loose dogs, requests for handymen, gardening tips, and – of course – rants and insults over politics. One of the nice things about Nextdoor is the lack of anonymous accounts. People must speak under their […]
Take A "Fantasy Break" and Make Some Actual Money This Weekend
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Dear Fellow Expat: Psst… I know football season has started. I know your team's defense is "offensive"… And if you're like millions of Americans who play fantasy football, you already want to drop nearly every player on your team after Week 1. I played fantasy football in my early 20s with a religious fervor. I […]
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