Thursday, 13 April 2017 by

It is both interesting and disgusting that a business (any business) can intentionally screw up (routinely booking too many passengers as a course of business) and then hold their customers responsible for that screw up. United Airlines must win the prize this year for the most reprehensible corporate policy for dealing with the people who(…)

It is widely expected that the Federal Reserve Bank will raise the federal funds rate at its March meeting this week. According to the futures market, there is a greater than 90% chance they will raise rates. Because a rate increase is so highly anticipated, we expect there will be virtually no market reaction when(…)

Strangest Election Ever

Tuesday, 20 December 2016 by

In the last Investment Commentary sent out the day before the election, Calm Before the Cloudy Skies, we wrote, “It would be a cruel joke on Donald Trump if he accidentally won the election,” noting that he ran his campaign as if he wanted to lose and would be disappointed if he was elected president(…)

In a year when almost any Republican candidate could have beaten Hillary Clinton to become president of the United States, somehow the Republican party nominated the one candidate who, if he could win, simply won’t let himself win. It’s as if running for president has been nothing more than free publicity for whatever TV show(…)

Talking Heads

Thursday, 22 September 2016 by

Aside from Super Bowls, the first 2016 presidential debate to be held on September 26th figures to be the most watched prime time program in the history of television. Which is really odd because when I talk to people, I don’t seem to run into very many “undecided” voters. With rare exception, virtually every person(…)