Category

U.S. Economy

When Will the Activists Feast?

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. […]

Read More…

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 […]

Read More…

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 […]

Read More…

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 […]

Read More…

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), […]

Read More…

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, […]

Read More…

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. […]

Read More…

What The Fed Breaks Next (Momentum Update)

Dear Fellow Expat, I'm tired. My daughter had me in the pool for two hours today, and that giant fireball above took the wind out of me. In college, a few friends called me "Springtime Garrett" when I found myself in the sun for too long. I do not tan well… I turn more of […]

Read More…

The Economic Groundhog Explores New Lows

Dear Fellow Trader, Last night, my wife and I found ourselves in Tampa, Florida. At Republic Risk Letter this morning, we introduced the Negative Momentum Alligator. He fell off his surfboard after the positive wave of momentum crashed over his head following an abysmal U.S. bond auction that showed weak demand for U.S. debt. With […]

Read More…