Monthly Archives: March 2020

2020 Election. Bonfire of the Incumbents. Pivoting on Healthcare and “Bailouts.” Georgia (R) Senate Seat Already Lost.

I am tired/frustrated/surprised when I hear people say “Well, we don’t really know what will happen [about the next 6-12 months].”  That simply isn’t true. A lot of people are going to die.  The economy is going to take a … Continue reading

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Better to Live to Fight Another Day… Stepping Out of the Market for Next Few Months

I’ve recently sold all my index funds and am holding on to only two stocks (more on those in a later post).  The reason why experts (correctly) tell you NOT to do this is because people “never” buy back in.  … Continue reading

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We Starved the Beast. Now It Can’t Save You.

We starved the beast.  And suddenly we find we need it.  But no amount of whipping is going to get it moving any faster than the starved, weak, abused thing we let it become. “Starving the beast” is a political … Continue reading

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A So-Far Rational Sell-Off. Post-Crash Crowding Effect Into Less-Exposed Sectors Likely to be BRUTAL.

I wrote this in response to a piece a friend sent and figured I’d just share verbatim.  Arguing that “cheap” PE ratios aren’t valid because the earnings estimates in them are stale. pre-virus numbers. Tempted by the cheap valuations the … Continue reading

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Forget the Coronavirus. Worry About 10+ Years of Near-Zero Economic Growth…

It is time to take down risk and plan for a long stretch of deflation, poor returns on assets, and general stagnation.  The immediate but temporary threat of Coronavirus is obscuring clear and obvious signs of a much uglier, longer-term … Continue reading

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So Much for “Wanting Things to Be Different, But Not Wanting to Change”

A surprisingly large number of Americans are perfectly willing to vote for a Socialist. This is the take-it-to-the-bank lesson so far from the Democratic nomination race.  Although it may only be surprising to a certain upper layer of society (to … Continue reading

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