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, […]
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Tales from Nextdoor and the Naples “Mom Page”
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
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 […]
Mark It "Zero"... The Roof of the World... and the Week Ahead
Dear Fellow Expat: Let’s pick up where we left off last Friday. Russia is working overtime to pump crude oil and natural out of ports in the Arctic Circle. It’s a workaround as Western sanctions crank down on Russia and its energy firms and politicians in Moscow. Think of it as Prohibition… But to get […]
You’ll Want to Take the Stairs After This…
Dear Fellow Expat: Greetings from Doc's Beach House. This iconic dive bar sits 50 yards from the Gulf of Mexico. Hurricane Ian wiped out the entire first Floor of the establishment but was kind enough to leave the Chicago Cubs-themed sports bar on the second Floor untouched. From this beach ($10.33 for a chair, $20.66 […]
The Worst Trade I Ever Made in My Life
Dear Fellow Expat, It’s the first day of another negative momentum cycle. So, greetings from Lansdowne Pub. It’s a Boston-themed (BOO!) sports pub with pictures of Red Sox memorabilia on the wall, enough “handsome” pictures of Tom Brady to launch 1,000 ships to Tampa, and a large, drunken moose on every menu. It’s the closest […]
September Begins
We begin September with a typical conversation between Tim Melvin and me. Normally, we’d be at his house for Labor Day weekend, watching my daughter swim and discussing seasonality. But Tim had a fever, so we layed low this Sunday. I have a different kind of fever – the type that comes when Equity Momentum […]
We're Staring at a Hot Conflict in a Cold Place
Dear Fellow Expat, Imagine you’re eight years old, on stage, at an elementary school. It’s the finals of the local geography bee. The room is full. The crowd is hushed. If you answer one more question correctly, you’ll win a trophy with a red-white-and-blue ribbon. The question starts: “Which state…” Oh… no… “Which state” questions […]
Insider Buying: How to Make a Good Thing Even Better
Dear Fellow Expat, “If our daughter is anything like you when she’s sick,” my wife said, “I’m gonna lose it.” Yes… I’m a bad patient when I get ill. I bounce back quickly, but my “sick-to-better” process is a sharp V-shaped recovery, where the dip in the V stretches to the bottom of this page. Last night, my daughter […]
The Bad (Bond) News Bear...
In recent weeks, I’ve discussed America’s challenges ahead. It’s not a dollar crisis that awaits; rather, we face a duration bond crisis. China, facing pressure to stabilize the yuan, ordered banks to sell dollars and buy stocks. But they may need to dump U.S. Treasuries – and they have about $850 billion worth on the […]