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Estimated Reading Time: 6 minutes
When commenting on the stock market, it is difficult to establish continuity unless previous articles are referenced. We are sorry for that because it also requires the reader to go back to pick up the pieces of the argument. Our point of reference is the last commentary written on August 3, 2023, wherein we suggested […]
Estimated Reading Time: 6 minutes
The automobile is one of the devices that truly changed America and the world. Invented originally in Germany, it found its greatest expression and success in America. In the early years, car technology competed with each other based on gasoline or kerosene power, diesel, electric, and even steam. The internal combustion engine using gasoline prevailed. […]
Estimated Reading Time: 6 minutes
US government bonds are considered by the investment community to be “risk-free.” They are low risk to be sure, given the ability of the US government to both tax and print money, but risk-free with our current fiscal trajectory seems a stretch. So, Fitch, the bond rating agency called it as they saw it: the […]
Estimated Reading Time: 5 minutes
What a run it has been! The S&P is up better than 20% and the tech-laden NASDAQ is up better than 45% year to data. Label it as either a new bull market or a bear market rally, it has been strong. The stock market seems poised to challenge old highs based on good technical […]
Estimated Reading Time: 5 minutes
We published an interesting interview with Tom Lewis, the generous benefactor who had to withdraw his significant contributions to ASU because of militant left-wing bias among its faculty. In that interview, he has high praise for Michael Crow, although he admits he does not think Michael Crow knows what is going on regarding academic freedom […]
Estimated Reading Time: 2 minutes
From seemingly out of the blue, an independent film about child sex trafficking has eclipsed some heavyweight Hollywood productions for the summer box office draw. In actuality, we learn the film was produced some five years ago and it took all this time and struggle to get it to the big screen. Why such a […]
Estimated Reading Time: 6 minutes
Over the 4th of July weekend, you likely became aware of the political statements from Ben and Jerry’s, the ice cream maker owned by the international conglomerate, Unilever. Exactly why we should believe the utterings of a company that clogs people’s veins with fat and inflames their system with sugar, is not the point. The […]
Estimated Reading Time: 5 minutes
Since our last report the Federal Reserve has met, left interest rates unchanged, but consequently has made a lot of noise that at least two more interest rate hikes will be forthcoming. Given tight labor conditions and the persistence of inflation, one wonders why they hesitated, then thought differently, and have subsequently tried to make […]
Estimated Reading Time: 3 minutes
We live in a time when our Founding is either taken for granted (it’s a day to picnic) or is degraded altogether. Now popular is the notion that the Founding was in 1619 and the nation was born in the sin of slavery. That is all that is important about our history, our failings. That […]
Estimated Reading Time: 7 minutes
We are all familiar with July 4, 1776, but did you know American Independence might have been quite different were it not for events on July 4, 1754? It was on that date that a 21-year-old Colonel in the Virginia Militia led his men on a retreat out of Fort Necessity after tangling with a […]