We’re still in a Goldilocks economy of modest economic growth, no deflation and low inflation. Macro economic conditions are more conducive for stock market gains than any time in recent history. Unlike in any prior decade, we have a confluence of low valuations, high profit margins, new markets from booming foreign economies, and permanently low… Continue reading We’re Still In a Goldiocks Economy

The SF Housing Crisis It’s only a housing crisis because the left says it is, just like we’re still supposed to be an economic crisis even though that ended five years ago. The left is drawn to crisis like moths to light. If no actual crisis exists, they’ll fabricate one. Rents keep going up due… Continue reading The Daily View 4/16/2014

Losing Benefits Isn’t Prodding Unemployed Back to Work No kidding Where is the incentive to work when you have: 1. rising welfare benefits 2. social security 3. medicare 4. free emergency room healthcare Entitlement spending is out of control and Entitlement spending per capita has increased as the percentage of not filing income taxes has… Continue reading Out of Control Entitlement Spending

Robert Shiller Actually Has A Solution Exploding US Inequality He’s contriving a solution for a non-existent problem. If we wait until income inequality is much more severe, we will have a whole class of new superrich who will probably feel entitled to their wealth and will have the means to defend their interest. That’s already… Continue reading A Solution in Need of a Problem

On sites like iSteve there recently seems to be a dearth of subjects pertaining to HBD matters. Chateau Heartiste writes: Drum deserves credit for at least broaching the subject of genetic predilection, which still gives the majority of liberals the high holy hives. Try dropping a “genes n’ IQ” bomb on a Jon Stewart audience… Continue reading Liberal Denial of Genetic Determinism

Robert Shiller says we’re in a tech bubble But wasn’t the alleged tech bubble supposed to have burst in 2012? Oh well, chalk that up as another incorrect liberal prediction. Eugene Fama and Robert Shiller were awarded the 2013 economics Nobel Prize, despite holding opposing views of the market. Shiller, a pioneer of behavior finance,… Continue reading Irrational Investors Don’t Exist

The inimitable, sagacious Warren Buffett is known for his aphorisms, but is this useful investment advice, and second, is Warren Buffett really the great investor as he’s cracked up to be? Don’t overtrade/Hold stocks forever. Continued: http://www.thereformedbroker.com/2013/11/30/on-spinning-ones-wheels Buy When There’s Blood in the Street. Continued: http://www.freemoneyfinance.com/2012/04/buy-when-theres-blood-in-the-street-and-why-buffett-is-a-market-timer.html The Oracle’s tips are easily countered with some obvious… Continue reading A Critical Look at Warren Buffett

As we’ve been writing since 2011, we’re still in the smartist era of hyper-capitalism, credentialism, consumerism and spendism. As of 2008, never before in such a short period of human history has so much wealth been created and yet, instead of marveling at the resiliency of the consumer, the web 2.0 & economic boom, and… Continue reading Our New Era

We’re in a value centric economy. People are being paid for the value they produce. Wages were too high pre-2008 relative to the value being produced. The freelancer economy including sites like Task Rabbit is part of a trend of labor converging with value. High-salaried tech employees have drastically driven up rents in San Francisco.… Continue reading The State of the Economy