Latest Posts

  • Ineffective Leadership From Our “American Idol” President

    Ineffective leadership is apparent at all levels of government. Many blame President Obama, perhaps even more should. He is the so-called leader and things (not good) are occurring on his watch. People are frustrated with the state of the nation and their own personal condition. But is it Obama or is it something more systemic? There are plenty of reasons to [...]

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  • ObamaCare and Rube Goldberg

    ObamaCare is a Rube Goldberg contraption. It was cobbled together in disjointed fashion under time and ideological constraints. It is still unclear whether anyone read the entire law before it became legislation. Why should anyone be surprised it was so politically contentious? Now we are beginning to uncover the slipshod manner in which it was constructed. A three-judge panel in [...]

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  • Economic and Financial Myth-making

    Current financial markets are especially dangerous as a result of government myth-making. Fiscal and monetary interventions and manipulations have distorted all markets, but especially financial markets. The flood of liquidity by the Federal Reserve has done little for the economy although has juiced the level of financial asset prices. This effect is not accidental and is part of the myth-making [...]

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Economics

economy111

Economic Laws Are Not Optional

Economic Laws Economic laws are not optional. They are like the laws of physics — inexorable! Economic laws are less precise in terms of their timing and effects, only because they deal with human behavior rather than physical particles. Human beings alter their behavior to cope with changing conditions. Particles do not. Free will and the survival instinct make prediction, especially regarding [...]

market-fear

Financial Markets — Rated “R”

Financial markets are complex in normal times. When government is actively supporting them, they only become more so and more dangerous. If today’s financial markets were rated like movies, they would be rated “R” (perhaps, “X”). Whether the “R” stands for risky or restricted is immaterial. These markets are not for the naive or unseasoned investor. Traditional metrics no longer [...]

gold3

Got Gold?

Got Gold? If not, don’t feel bad. Neither does Germany even though they requested their gold back and it didn’t come. According to Reuters: Germany’s plan to bring back the nation’s gold reserves to Frankfurt by 2020 has fizzled, and instead has for now decided to leave $635 billion of gold in US vaults. What is going on here? When [...]

Investing

etfs12345

Weights In ETF Rankings Change

A change in weights in the algorithm that ranks ETFs for the Preferred Member service has been made. This post is not protected so that non-Preferred Members can get an idea of how the two most popular portfolios performed over time. The universe of ETFs and the number and size of the portfolios remain the same. So do the overall weights [...]

market-fear

Financial Markets — Rated “R”

Financial markets are complex in normal times. When government is actively supporting them, they only become more so and more dangerous. If today’s financial markets were rated like movies, they would be rated “R” (perhaps, “X”). Whether the “R” stands for risky or restricted is immaterial. These markets are not for the naive or unseasoned investor. Traditional metrics no longer [...]

investingworld-stock-prices

July Update

Today’s update for Preferred Members is a bit early (it usually is closer to mid-month). I shall be vacationing for most of next week which means uncertain access to data, software and the internet. Hence, this early report. (Another one will likely follow next weekend.) This  update is informational rather than actionable.  New rankings as of July 10 are provided. The [...]

Politics

economy111

Economic Laws Are Not Optional

Economic Laws Economic laws are not optional. They are like the laws of physics — inexorable! Economic laws are less precise in terms of their timing and effects, only because they deal with human behavior rather than physical particles. Human beings alter their behavior to cope with changing conditions. Particles do not. Free will and the survival instinct make prediction, especially regarding [...]

donkeyrogue

Reasons To Vote Democrat

From Ty Andros’ Tedbits newsletter on why to vote Democrat: David Letterman’s top 10 reasons to vote democrat I received this on the internet and sometimes we all need a good laugh…  Enjoy #10. I vote Democrat because I love the fact that I can now marry whatever I want. I’ve decided to marry my German shepherd. #9. I vote Democrat [...]

corruptionss (2)

NOT a SMIDGEN of Corruption!

Ty Andros, in his Tedbits newsletter, puts the IRS hard-drive failures into perspective: NOT a SMIDGEN of Corruption! The odds of winning the Florida lottery are 1 in 22,957,480. The odds of winning the Powerball are 1 in 175,223,510. The odds of winning Mega Millions are 1 in 258,890,850. The odds of a disk drive failing in any given month [...]

Other

corruptionss (2)

NOT a SMIDGEN of Corruption!

Ty Andros, in his Tedbits newsletter, puts the IRS hard-drive failures into perspective: NOT a SMIDGEN of Corruption! The odds of winning the Florida lottery are 1 in 22,957,480. The odds of winning the Powerball are 1 in 175,223,510. The odds of winning Mega Millions are 1 in 258,890,850. The odds of a disk drive failing in any given month [...]