Category Archives: Economy
Janet Goes to Guangzhou
The S&P 500 closed out Q1 2024, up over 10 percent. But while the S&P 500 was rising day after day one former highflyer was crashing and burning. The Boeing Company closed out the quarter down over 25 percent. Still, it wasn’t the worst performing stock in the S&P 500. That honor goes to Tesla Inc., which declined over 29 percent. Continue reading
Does Corporate Greed Cause Inflation?
It cannot be said enough. Inflation starts with the inflation of the money supply. From there, the excess money and credit chases consumer prices higher. So, too, it pumps up both stock and real estate market bubbles. Continue reading
Ghosts of the Alexandria Hotel
In January, talented graffiti artists began tagging the vacant Oceanwide Plaza towers. This is no small feat. It requires scaling the buildings’ unfinished exteriors and then spray-painting creative phrases using colorful palettes and designs. Some then base jumped off and paraglided down Flower Street. Continue reading
California Circles the Toilet Bowl
California, without question, is a great state to be from. We lived there for nearly 45 years. We made our California exodus in July 2022. No regrets. Continue reading
