“The first rule of Fight Club is: you do not talk about Fight Club.” With all the recession talk, lots of folks are wondering if political or media rhetoric can help bring on a recession. The short answer is yes, it can play a role in initiating or deepening a[…] Read On
I’ve heard plenty of conspiracy theories in my time but lately they’ve been coming nonstop. The 9-11 attack was an Israeli plot. Trump Russia collusion to discredit Clinton. Clinton Russia collusion to discredit Trump. Jeffrey Epstein was taken out because he knew too much about too many powerful people. And[…] Read On
Our culture fetishizes innovation. Fanaticizes market disruption. But that’s not how the world really works. Right now I’m wearing torn blue jeans, a t-shirt, a hooded zip-up sweatshirt, white sweat socks and a pair of Converse All-Star sneakers. This might as well be a scene from half a century ago.[…] Read On
Some myths won’t die. You can try to crush them, stomp on them, exterminate them, and just when you think you’ve finally seen the last of them, they’re right back again. Know what I call stubborn myths like that? Cockroach myths. The hands-down most stubborn cockroach myth in business is[…] Read On
Is it just me or has the cost of living skyrocketed over the last decade or so? Home prices, rent, education, health care and insurance, construction, groceries, appliances, services, clothing, sports and music events – you name it, it costs way more than it used to. Sure, some people are[…] Read On
Whether the inversion of the 2-10 bond yield curve spells recession in two years or not, there’s no doubt that the U.S. economy is slowing and the record bull market is getting old. While we’re still doing better than the rest of the world, it’s sort of like having the[…] Read On
I know what you’re thinking. “Did he fire six shots or only five?” Well, to tell you the truth, in all this excitement I kind of lost track myself. But being as this is a .44 Magnum, the most powerful handgun in the world, and would blow your head clean off, you’ve got to[…] Read On