China has become our Frankenstein monster…
Oct 14, 2019
The geniuses in Washington told us that the more China traded with us, the freer they would become. It wouldn’t be long before the Communist Party melted away and, in its place, sprung a Jeffersonian Democracy.
Turns out they had it all backwards…More >> More >>
“Where you gonna go?”
Oct 03, 2019
Where you gonna go? That’s the question I’ve asked myself as the market has sold off in recent days. Are you gonna go into 30-year U.S. Treasury bonds? They’re yielding 2.085%. Imagine that. You get 2% a year for lending the government money for 30 years! Not unless you have to. Where you gonna go? … Continue reading ““Where you gonna go?””More >> More >>
The last picture I could take on 9/11.
Sep 11, 2019
I remember that day being crisp. The kind of fall day that lets you know summer isn’t coming back. I was dressed to impress that morning. My best suit. I had an 8:30 meeting at the building next door to the New York Stock Exchange. A firm I was trying to do business with. For … Continue reading “The last picture I could take on 9/11.”More >> More >>