Oct 10, 20194 min read
Economic cycles: It is all about BALANCE
Hooray! We are now in the longest period of economic expansion in U.S. history (June 2009 to present), having recently surpassed the...
Jul 29, 20193 min read
Early Signs of Weakness in Manufacturing Have Economic and Political Implications
Manufacturing Overview Breakthroughs from successful research and development (R&D) have created new processes and technologies that...
Apr 30, 20197 min read
FALSE START! Inverted Yield Curve has not Predicted a Recession
For the past few months there have been swarms of PhDs, economists, and strategists buzzing to a hypersensitive media about the dire...
Mar 27, 20196 min read
U.S. and China: Tale of the Tape
The Bottom Lines U.S.-China trade policies need to be updated, and China is not in a strong position for trade negotiations. The United...
Aug 8, 20185 min read
Market and Capital Gains Cycles
Market and Capital Gains Cycles Generally speaking, everyone loves a bull market and no one loves a bear market. As professional...
May 21, 20184 min read
TomAto/Tomato, Apatheia/Ataraxia- just don’t suffer unnecessarily
Several ancient Greek philosophies incorporated the notion that wisdom was demonstrated by equanimity in the face of the external world....
Jan 26, 20185 min read
Current Perspectives on the Risks of Losses
There are two kinds of losses. Obviously, one kind of loss is an actual loss from selling something for less than it was purchased. Keys...
Oct 31, 20176 min read
American Capitalism: The Bright Ages
In this essay we want to acknowledge the rate and force of change in the world today, and that we believe the US is in an enviable...
Jul 28, 20175 min read
Disruptive Technology, Slow and Fast
As bottom-up stock pickers, we are inundated with comments from smart people about the next major breakthrough in this or that. Sometimes...
May 3, 20173 min read
You Don't Change Chinatown, It Changes You
The line above was spoken by the conflicted protagonist in the 1999 movie The Corruptor, directed by James Foley. At least the first...
