Month: May 2015

Why There Probably Won’t Be Another Major Financial Crisis in America

TWith Banks ‘Still Too Big to Fail,’ Another Financial Meltdown Looms Yaawn been reading these doom and gloom predictions since 2009 Although the doom & gloom media makes it seem like financial crisis are a common occurrence, there have only been two major crisis (1929 & 2008) in the United Sates over the past 100… Continue reading Why There Probably Won’t Be Another Major Financial Crisis in America

Steven Levitt is Right, Not All Life is Sacred

From the Freakanomics Blog, This Idea Must Die … So it’s an area, it’s a dimension in which we have a lot of power. We’re good at it, but the problem with this idea that every last life is valuable and every life should be saved, essentially at any cost, is that the kind of… Continue reading Steven Levitt is Right, Not All Life is Sacred

Deconstructing Liberalism

Indeed, it also helps that he was smart enough to get into Harvard. Like the left wanting to believe Einstein failed math, the left tries to create this narrative that college is not necessary for success when, in fact, in most instances it is – it’s just that for people of the highest intelligence it… Continue reading Deconstructing Liberalism

With the Exception of China, Emerging Markets Are Still Awful

From The Reformed Broker: The Circus of What’s Working Now Josh Brown, author of The Reformed Broker, writes: The reality is that foreign stocks and US stocks take turns outperforming each other in roughly four year increments. The last such timeframe where foreign developed equities beat the S&P was from 2003 to 2007. There’s no… Continue reading With the Exception of China, Emerging Markets Are Still Awful

Defending Finance: Why Bankers and Economists Are Not to Blame for the Crisis

From the Economist, What’s wrong with finance There’s nothing wrong with finance or economists, but there is often something wrong when leftists pontificate about finance and economics. In the same way the left dismisses IQ as being useless, the left also dismisses economics as merely being a superstition, akin to reading entrails, or the left… Continue reading Defending Finance: Why Bankers and Economists Are Not to Blame for the Crisis

We’re All Becoming Economists, Scientists, and Objectivists

It seems like everyone is discussing economics these days. I remember, as recently just a decade ago, it was mostly economists and finance guys who discussed economics, but now it’s pretty much every 20-something who is an armchair economist. Economics has become so pervasive in our everyday lives – from employment, to automation, to basic… Continue reading We’re All Becoming Economists, Scientists, and Objectivists

Smooth Sailing Ahead

For those who already don’t know my opinion, the stock market is going higher – much higher. There are no foreseeable headwinds, no storms clouds brewing. Pretty much all the economic factors that were in place when the bull market began in March 2009 are still here today – albeit with much, much higher prices,… Continue reading Smooth Sailing Ahead