Postcards from the florida republic An independent and profitable state of mind. My daughter is driving me insane… She has been singing “I’m Still Standing” by Elton John since Thursday. But only the chorus… on repeat. And when she isn’t singing that song… She’s singing Steve Winwood’s 1986 hit “Higher Love” – but only […]
Category
U.S. Economy
Here's the Secret to Timing the Market Perfectly
Postcards from the florida republic An independent and profitable state of mind. I give away these Momentum readings for free every day. These are the ultimate equalizer for retail investors against big, greedy institutions. No guessing. No silliness. No chasing headlines from journalism majors who don’t understand finance. When momentum goes RED, it […]
Are They Trying to Collapse America’s Standard of Living?
Postcards from the florida republic An independent and profitable state of mind. Who in the hell goes to college and says, “You know what? I want to be a carbon bureaucrat when I grow up. I want to make unscientific recommendations… that no logical engineer would take seriously… I want to destroy economies in […]
Chicken is a Scary Economic Indicator Right Now
Postcards from the florida republic An independent and profitable state of mind. My computer has a sticker of actor Jeff Daniels playing Joshua Chamberlain in the Civil War epic Gettysburg. Chamberlain was a Union officer in the Civil War who gained fame for his defense of Little Round Top at Gettysburg. The 20th Maine Infantry […]
Fitch Ratings Just Did Every American a Solid Favor
Postcards from the florida republic An independent and profitable state of mind. It’s an amazing day to be on social media. Everyone – everywhere – is suddenly an expert on the sovereign debt market, the United States’ credit rating, the role of fiscal policy, and the future of America’s financial condition. Overnight, everyone everywhere has […]
Here’s Why BlackRock (or State Street or Vanguard) Will Be Your Kids’ Landlord
Postcards from the florida republic An independent and profitable state of mind. If you need further proof that our entire system is designed to make bankers wealthier… and rip every dollar from your hand… consider this… “Institutional investors may control 40% of U.S. single-family rental homes by 2030, according to MetLife Investment Management.” […]
The Appalling Reason Why We Live with “Perma-Gridlock”
Postcards from the florida republic An independent and profitable state of mind. “I got the shotgun. You got the briefcase. S'all in the game." Omar Little to lawyer Maurice Levy, Season 1, The Wire Yesterday, I asked a question: What is the business model of the government? The malfunctioning corporation in which Americans invest their time, money, and lives, some without […]
Chart of the Day: Washington's AI Budget Bulge
Capitol Hill is funneling more funds to artificial intelligence (AI) research & development (R&D). Since 2018, the non-defense R&D budget has grown 228.5% to more than $1.8 billion. The largest recipient of the funds is the National Science Foundation (NSF), which is receiving $698 million for fiscal year 2023. The second largest slice of the […]
Here's the Weird "Business Model" Driving Government Off the Rails
Postcards from the florida republic: An independent and profitable state of mind. If the United States government were a business, would you invest? Good lord, no, right? Neither would I. But let's think for a minute… You'd have to ask yourself the first question: “What is the product they’re making?” One could argue war, financial perma-crisis, […]
Here’s What’s Driving All That Economic Growth Right Now
Greetings from Boca Raton. I’m sitting this morning on the balcony of the beach club at the Boca Raton Hotel. There’s luxury… and then there’s the Boca Raton. Wow… I just came over for a conference this morning, and now I want to make this the capital of the Florida Republic. Well, almost… Apparently, “they” […]