Editors Note: This is the Final Postcards from the Florida Republic to run at Money Map Press. We are moving over to Substack starting on Monday. If you're a subscriber, you don't need to do anything. But please note that you can easily white label and receive your copy starting all weekend – right here. […]
Archives for October 2023
October 2023 - Money Morning - Only the News You Can Profit From
Waking the Zombies!
Starting next Monday, Postcards from the Florida Republic will migrate to Substack. Be sure to sign up for a free subscription right here. Dear Fellow Expat: Some people ask why the aliens haven't made contact yet. It could be that we're too busy as a species being distracted by pop stars dating NFL players… Or […]
Risk!
"Games are all about taking risks." – James Altucher In 2013, we took a film crew to Greenwich, Connecticut. At the time, the stock market and economy had "recovered" from the Panic of '08, and we were making a film about "risk!". We wanted to know how the bailouts and the Fed's quantitative easing program […]
The Most Underrated Market Metric
Dear Fellow Expat: There are two primary routes from Southwestern Florida to Orlando. The first is the long asphalt stretch of Interstate 75 to the immense traffic jams that blister Interstate 4 from Tampa to DisneyWorld. Option two is a sun-kissed drive through the heart of Central Florida's citrus groves. The three-hour trip takes you […]
Three Ways to Lose Money in 2024 (No. 3 Is Big)
Dear Fellow Expat: Some people just don't like money. You probably know these people. They get a paycheck and install a waterfall for an above-ground pool… Or they'll take an all-expenses trip to Lake Okeechobee. (Who knew the Red Roof Inn had a Presidential Suite?) People can do what they want… but we'd advise that […]
Updates on the Bond Crisis (Momentum Update)
Dear Fellow Expat, When leaving the Florida Republic, it's important to pack wisely. Midjourney: "An Alligator Packs for an Adventure" There's a stark difference between the Florida Republic… and 45 miles northeast of the Banana Republic's capital. I'm visiting Baltimore for three days… again. [I'm in Hunt Valley, the home of McCormick & Co. (MKC), […]
We're moving
Dear Fellow Expat, It's been a wild few months here in the Florida Republic. Like the rest of the world, we've witnessed skyrocketing interest rates, the escalating crisis in Israel, and the beginnings of a major debt meltdown. None of which are good, but all of which we need to monitor and understand. UNLIKE the […]
Price Discovery Is Coming
Dear Fellow Expat, The housing community "Corkscrew Shores" in Estero, Florida features a beautiful four-bedroom house that went up for sale last week. Built in 2019, it's got everything you could want in a home. The kitchen is described as "a culinary enthusiast's dream." It has a three-car garage, "generous" space in the common areas, […]
Big Mistakes to Avoid in the Florida Republic and the Market
Dear Fellow Expat, There are five things you should never do in the Florida Republic. Forget your sports coat at home. Run out of Long Drink when company visits. Talk politics on the beach, at the bar, or anywhere there's company. Misquote the movies Caddyshack! or The Big Lebowski. Try to catch a falling knife […]
Two Wars and a Bad Shopping Habit
Dear Fellow Expat, During the 14th commercial yesterday for DraftKings, the website that tries to get us to gamble on football while watching football, I noticed a small disclaimer in the corner of my television screen. It read something like: "If you or someone you know has a gambling problem, please call" this 1-800 number. […]