Category Archives: Economy
The Perfect Storm Bearing Down Upon Us
The barbarous relic wasn’t the only thing that got smashed last week. Commodities did too. On Thursday copper fell nearly 2 percent, to its lowest level since 2009. Iron-ore prices also dropped. Oil did too…falling below $50 a barrel. Still, … Continue reading
Will We Get the 1930s or 1970s?
What’s the deal with your neighbor? His car’s 12 years old. His house has minimal upgrades. He’s the only guy left on the street who still cuts his own grass. Is he a weirdo? Or is he a millionaire? Certainly, … Continue reading
Foundation for Massive Wealth
We wandered around the Coachella Valley for several days this week. If you’ve never been to the area you aren’t missing out. It’s a giant desert valley centered about 120 miles due east of Los Angeles. Some people go there … Continue reading
Why Residential Rental Prices are off their Rocker
“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years,” go the sage words of Warren Buffett. At present, this advice is especially important. For asset prices are expensive. Stocks are near … Continue reading
