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Markets
David’s weekly update on the financial markets and economy
Economics
The Solution to all of California’s Problems is Coming
Perhaps you heard the news today that California’s budget deficit is worse than people thought – as in, um, $25 billion. $25.4 billion to be precise, but I assure you that extra $ 0.4 billion is not causing anyone any anxiety. I mean, what is $400 million among Californians anyways? We are all kind of ...read this post
The Liberty to do what we ought
“Good news – the President has announced a reduction of the government work force by one million people (20%). Bad news – the cuts were ordered by President Raul Castro in Cuba.”
So began the 20th anniversary dinner of The Acton Institute tonight in Grand Rapids, MI. Acton co-founder, Kris Alan Mauren, loosened up the crowd ...read this post
The Death of Nuance
I advertised the fact that I was going to see Wall Street 2 on opening day too much, and now after 73 requests that I review it, I feel a bit of a moral obligation to do so. I did say that I was not expecting a great movie, but I suppose now that I ...read this post
Wall Street 2 and Greed is Good
When I was 13 years old I watched a movie with my dad called Wall Street starring Martin Sheen, Charlie Sheen, and Michael Douglas. I didn’t understand a lot of it, but I did know that it made me want to work in finance – badly. Of course, Michael J. Fox’s character on the TV ...read this post
The Next Thirty Years?
Many of you know that I am a wealth advisor to high net worth individuals and families by profession. I use this website and my various Facebook and Twitter communications for all sorts of things, but I do not use these mediums to discuss investment strategies or work-related material (I am strictly forbidden from doing ...read this post
