Deeply Disturbing

With the President facing impeachment, investors are cringing, thinking of a repeat of 1974 when Nixon went down and took the markets with him. But history suggests otherwise. When Andrew Jackson was impeached, markets cared little. When Bill Clinton was impeached,...

The movie is over..shed no tears

MoviePass, a company that started a too-good to be true service in 2017, of offering consumers a movie a day at theaters for $9.99 a month, has finally closed doors. They simply ran out of money subsidizing all those customers who took full advantage. Unfortunately,...

How independence ruined a nation

Traditionally, independence meant freedom. And freedom meant prosperity and economic growth. In the case of Zimbabwe, it went the other way. Robert Mugabe, who died this week was the mastermind, who liberated and destroyed the country. In 1980, Mr. Mugabe took power...

Interest rate cuts are no longer what they used to be Inbox

Traditionally, business investment used to rise when US companies took on more debt and companies took on more debt when the interest rates were cut, making it cheaper to borrow money and deliver a boost to the economy. That was the prevailing theory until the one...

The future ain’t what it used to be

There were two mass shootings within 24 hours in America this week. Firearms stocks spiked. U.S. stocks plunged the most this year as China responded to Trump’s latest tariff threats. The yield curve blared its loudest U.S. recession warning since 2007. Bitcoin, an...
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