Today I want to talk about one of the greatest films of all time, Chinatown. It stars Jack Nicholson as J. J. Gettes, a a private investigator, and Faye Dunaway, an eccentric beauty, and John Houston is the incomparably evil Noah Cross, Chinatown was incredible and yes you should watch it and listen to it, …
Looking Backwards … LB #1 “The Democrats have been instituting a propaganda campaign to hide or deny the effects of inflation ever since Joe Biden took office in 2021. At first, they claimed there was no inflation threat. Then they claimed inflation was “transitory.” When the CPI hit 40 year highs they were forced to …
Here are some data from Ryan Spaeder on Twitter. Ted Williams seasons from 1941 to 1947. 1941- batted .406 1942-Triple Crown 1943- WWII 1944- WWII 1945-WWII 1946- MVP 1947- Triple Crown Now the best thing about this is that Ted won only one MVP in this time period. In 1941, he was hated by the …
Looking Backwards … LB #1 So this last week has been a doozy. Last week the Japanese government tried raising interest rates into their economy that is in a recession. I told you that we tried a similar thing and it led to the great depression. Well the stock market in Japan dropped about 20% …
Some days are turn over and go back to sleep days and this Monday was not one of them. The Japanese stock market was already reeling as we pointed out last week, but Monday saw the Nikkei average decline over 12%. The world quickly joined them. Ether was down 26%, Nvidia was down over 15%, …
Looking Backwards … LB #1 This last week was dramatic as we have seen earnings reports, jobs reports, and even the Fed rate decision on Wednesday which seems a month ago despite only being three days ago. We go to Nick Timiraos and Paul Kiernan writing for the Wall Street Journal “The script is being …
This week is going to be an eventful week of earnings, Fed talk, jobs reports and can likely set the stage for lots of volatility for the next few weeks which leaves me just enough time to discuss a topic that I have wanted to for a couple months now, but something more timely seemed …
Looking Backwards … LB #1 Competition is a good thing, it brings out the best in us, but what happens if the best isn’t in us anymore. What if others are simply much much better. That is the predicament American businesses are finding themselves in as we are trying to onshore manufacturing led by Joe …
“Everything you say should be true, but not everything true should be said.” Voltaire In the span of two weekends the political election of 2024 has carved itself into the record book. We have an assassination attempt on Trump and then the next weekend, Biden bows out of the race with a letter while having …
Looking Backwards … LB #1 Friday morning the world woke up to the true depth of Microsoft dependence. It turns out Crowdstrike, a third party vendor, rolled out an update on the Microsoft platform and it crashed the Microsoft platform, worldwide for hours. Flights were cancelled, skies were empty, traders couldn’t trade, acres of cubicles …