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The Banking System Is Fine. Also, I Have A Bridge I Can Sell You
Recently, Silicon Valley Bank succumbed to what many are calling a bank run. Two days later, Signature Bank in New York was seized by the Federal Reserve and all its uninsured depositors were bailed out. First Republic followed a few...
Read MoreSo, you’re telling me there’s a chance!
In the classic comedy, Dumb & Dumber, Lloyd demonstrates the epitome of optimistic thinking when his crush, Mary, gives him a hard truth. Forced to answer the uncomfortable question of whether the two of them could conceivably end up...
Read MoreGoing Down Like A Cowboys Team In the Divisional Round
This past weekend, the San Francisco 49ers beat the Dallas Cowboys in the divisional round of the playoffs, sending the Cowboys to an earlier-than-hoped-for offseason for the second consecutive year. For Cowboys fans, this is a...
Read MoreWinning The Zombie War
“The only rule that ever made sense to me I learned from a history, not an economics, professor at Wharton. “Fear,” he used to say, “fear is the most valuable commodity in the universe.” That blew me away....
Read MoreThe Variant
“On behalf of the Time Variance Authority, I herby arrest you for crimes against the Sacred Timeline.” – Hunter B-15In Disney’s newest show Loki, we are introduced to variants. Variants are people who deviate...
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Investing in Hotel California
“You can check out any time you like, but you can never leave.” Hotel California, The EaglesLast week it was reported that 45 people were killed while leaving a Jewish festival at Mount Meron. The annual religious festival...
Read MoreBeware the price you pay…or pay the price.
“The price you pay determines your future returns” is an old adage in financial literature. This is a simple way of saying that when you buy at high prices, your future returns are lower. Conversely, when you buy at low...
Read MorePress Release: #CorporateChristmasChallenge
https://abc30.com/business/fresno-business-donates-to-local-restaurant-challenges-others-to-do-the-same/8649486/Corporate Christmas ChallengeCompanies Being Challenged to Donate Planned Christmas Party Funds to Local RestaurantsFRESNO...
Read MoreJay Powell And The Chamber of Secrets
“For the naive mind there is something miraculous in the issuance of fiat money. A magic word spoken by the government creates out of nothing a thing which can be exchanged against any merchandise a man would like to get. How...
Read MoreThe Dukes of Moral Hazard
“Makin’ their wayThe only way they know howThat’s just a little bit moreThan the law will allow”The Dukes of Hazzard Theme Song, 1980Moral hazard occurs when someone thinks they are protected from the negative...
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