“There will be time enough for countin’ when the dealin’s done”

“There will be time enough for countin’ when the dealin’s done”1 Many people view the stock market as more gambling than investing, which is easy to understand as the market seems to constantly have unpredictable gyrations both up and down. If you want to gamble on the stock market, you certainly can, and many people […]
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It’s a Mad, Mad, Mad, Mad World

It’s a Mad, Mad, Mad, Mad World Our title this week is also the title of a 1963 comedy. The movie is about a group of motorists that witness a deadly accident. The drivers’ final words are the location of a hidden stash of money. The situation quickly devolves into a wild and hilarious free […]
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Gradually, Then Suddenly

Gradually, Then Suddenly We’re getting more than a bit tired of the debt ceiling ‘debate’ (and we use that term very loosely). The sooner this comes to head and is ‘resolved’ (again, we use the term loosely), the better. Fundamentally, it is impossible to resolve our debt problem in the next 2-3 weeks. The current […]
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Kinked

Kinked The debt ceiling impasse is, and will continue to, impact markets until a resolution is reached. The question is does it matter? As is often the case, the answer is yes and no. In the long term, yes, it matters. Our level of debt and continuing budget deficits present some problems that will need […]
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