Mindblown: a blog about philosophy.
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Locked and Loaded…
I have many issues I would like to cover within this posting, which will give you some insight into why I titled this “Locked and Loaded.” First, I would like to discuss the economy and why the slowing of the job market is extraordinarily positive for the U. S. economy. I would also like to…
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There is a saying, “Economic expansions do not die of old age: they are murdered by the Federal Reserve.”
Astonishingly, the U.S. economy has been so resilient for almost the last two years. Going into 2022, it was almost a unanimous consensus by all the major forecasting brokerage houses that the U.S. economy would fall into a swift and deep recession in 2022. However, you didn’t hear those words from me. I maintained the…
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Are we finally going to talk ourselves into a recession?
Since the beginning of 2022, all the talk you hear in the financial press is about the upcoming recession. Many forecasts predicted we would have a recession in 2022, but alas that did not happen. As we rolled around to 2023, those same people said that we missed the recession in 2022 but clearly it…
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Unemployment rate falls to the lowest level since 1969 – a 53-year low. Do we have to destroy the economy in order to fix it?
The title of this posting sums up my views regarding how there could there be a recession this year with virtually everyone who wants to work having a job. One of my biggest mistakes in 2022 was that I did not believe that the average investor would accept the fact that recession was imminent in…
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Do you believe Powell will eliminate 10 million American jobs? I don’t!
I have been overwhelmed with questions regarding the economy and what has been going on with the stock market over the last month and I am beginning to believe that the public is being overwhelmed with fake news. I read an article the other day that said the vast majority of Americans believe we are…
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The Weirdest Diversions of Economic Reality vs. Market Performance of All Time
I know it is unbearably painful to watch the stock market negatively perform most days. However, for the 50 years that I have been invested, you can always rely on the fact that earnings and the economic environment will eventually return to the performance of the markets. That is where I feel we are today,…
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The market continues to trend down While the economy trends up… “It’s a conundrum.” With apologies to Dr. Alan Greenspan
I know it is very frustrating for you as an investor to sit back and watch the market trend down week after week and get nothing but more bad news from the financial press. This is not my first “rodeo” as I have been through many of these downturns in the past. You really have…
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If this economy is in recession, give me the next 50 years exactly like this one.
I sit at home at night and read financial journals and the details regarding the U.S. economy. For a good laugh, I also read the comments on these articles. These comments prove that the public is not very well-informed on what is actually happening in the economy. As all the major headlines scream about the…
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You cannot be hurt falling out of the basement.
By now we are all tired of seeing the massive swings in the stock market, both up and down. It seems like for every good day, a bad day follows. It is very discouraging to watch the value of your portfolio go up and down without any logical reason. I thought I would give you…
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Although I am from Tennessee and don’t know how to line dance, I do know there are a lot of things the media is not telling you.
I took a break from writing the commentary that I normally write on a monthly basis. Tax season this year was extraordinarily hard and demanding. It seems every time that Congress decides to change the tax law and make it easier, our workload doubles. All the Covid-19 tax changes were designed to help taxpayers, but…
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