Why There is No College Bubble

Finally someone tells these college bubble heads to put up or shut up: I’d like to take this opportunity to triple-dog-dare Peter Thiel For years, the left has insisted that college, like the stock market and housing, is a giant bubble that is on the verge of popping. Like many predictions of doom and collapse,… Continue reading Why There is No College Bubble

Countering Bearish Arguments

As anyone who reads this blog knows, I’m emphatically bullish about America, its economy, and the stock market. To bet against America means betting against the best and brightest individuals that comprise it. It means betting against Web 2.0, high-IQ people, MIT & Caltech, competent policy makers, the tireless consumer, exports, favorable demographic shifts, and… Continue reading Countering Bearish Arguments

Why the US Economy is Doing Great or Bad (depending on how you look at it)

Why the US economy is doing great: GDP growth back to 90’s and 00’s rate record high exports record high consumer spending record consumer credit record profits and earnings stringent lending standards and less borrowing for home ownership: fed never raising interest rates again (or at least not for a loooong time) flat wage growth… Continue reading Why the US Economy is Doing Great or Bad (depending on how you look at it)

Stocks Rocket Higher; Biological Determinism Bull Market Can’t Be Stopped

In the span of just two days, the S&P 500 has gained a staggering 4% – the largest 2-day gain since 2011. Regarding the fundamentals of the US economy, between 2009 and now nothing has changed except higher stock prices and fatter earnings: interest rates still never going up again and consumer spending can’t be… Continue reading Stocks Rocket Higher; Biological Determinism Bull Market Can’t Be Stopped

What the Mohammad Islam Hoax Says About Trading and Liberalism

One of the big stories making the rounds is that ‘trading prodigy’ Mohammad Islam is merely a paper trader and not a multi-millionaire. I concede to falling for the story because the alleged returns as purported by Mohammad, while highly improbable, are not – based on my knowledge of the market and trading – impossible.… Continue reading What the Mohammad Islam Hoax Says About Trading and Liberalism

Universal Healthcare Not So Great

Modern, timely healthcare is expensive. Despite what you may read about the virtues of universal healthcare, there are caveats such as long waiting times and poor quality treatment. Cancer survival rates are lower in countries with universal healthcare than in America. Many times, people in countries with universal healthcare will opt for private treatment if… Continue reading Universal Healthcare Not So Great