I felt like a turn to an unfamiliar topic this week that was both long overdue and I’m still feeling the effects of the Trump Tariffs and Politico talk that I want a break from. I want to talk about housing as the 10-year interest rate has dropped about 50 basis points driving mortgage rates …
Bygone Relics
Don’t throw caution to the wind when investing, on the contrary you want to listen closely when the breezes blow through the treezes. In Warren Buffet’s letter to his investors in 1959 he makes this observation about the stock market and the exuberance the market was showing, “However, I do believe that wide-spread public belief …
Back in November I wrote about BYD and how it was winning the global car race. “BYD stands for capitalism. Wang Chuanfu is the scientist who started this company way back in the 1990s. It started as a battery company and then in 2003 he moved to making cars. I had heard of BYD briefly …
“And shepherds we shall be, for Thee, my Lord, for Thee. Power hath descended forth from Thy hand, that our feet may swiftly carry out Thy command. So we shall flow a river forth to Thee and teeming with souls shall it ever be. E nomini patri, et Fili e spiritu sancti. “ This is …
Here is what the venerable old sage C Thomas Printer wrote on Feb. 2, 2025 regarding the 25% tariffs on Canada and the impact to the auto industry. “Legacy automakers have had 25 years of factory production, free trade agreements, and in 25 days decades of capital planning go out the window. If you think …
In the movie Casino there is a scene where the house is catching a couple of cheaters at the blackjack tables. They call security, they notify everyone to be in their places, and then they bring out a birthday cake and start singing. This is at an adjacent table, and everyone turns and looks at …
This week’s Bygone Relics will be much like the news, all over the place. In last week’s LBLF we briefly hinted at the coming federal job cuts. Up to 200,000 federal jobs are to be cut and that is just the start. If we go to dailyjobcuts.com we can see just how extensive this layoff …
The new Secretary of Defense has changed the name of Fort Liberty back to Fort Bragg. Ice cream eating Joe Biden changed the name in 2023 due to Bragg being named after a confederate general named Braxton Bragg, but the new one will be named after Roland Bragg a World War II paratrooper from Maine. …
So, I am a little confused by the Trump fan boys that are saying that Trump sure showed them, Canada and Mexico bent the knee, and Trump is the master. Aren’t the tariffs supposed to be on? How are we doing away with the income tax if the tariffs got taken off? I knew Canada’s …
I was thinking that there might be some time to analyze Trump’s moves and see where his team is going before having to wildly speculate about Trump’s black swans. I have said before that I think he is walking into a stacked deck against him. I am also not confident in his ability to maneuver …