At this point, the stimulus is already complete. We’ve taken interest rates to zero, gave no money to the middle class and created a barbell in American society where only the lowest income brackets (temporarily benefit) along with the ultra wealthy (think market cap north of $100B+). We’ll explain what this means for you and […]
Time is flying. The S&P is down yet again at roughly 2,200 (yes we realize the exact number is 2,237.40). Putting this in perspective, ten years ago it was at approximately 1,100. No we’re not going to use exact figures since that’s not the right way to invest over long periods of time. You want […]
Q&A is now CLOSED
Lots of brain cells were lost over the past 72 hours. People who believe that you can just “bounce back” from margin liquidations to people who still believe you can access Bloomberg terminals with a twitter link (which would mean their entire business is worthless). Instead of getting infuriated we’re going to offer solutions as […]
In short, we’re screwed. While we can fight off the virus and potentially stave off mass casualties, the economic damage is the real issue. Back in 2008-2009 there was a *centralized* issue. The issue was that many mortgages were collapsing. So the solution was drastic and simple, lower rates and inject cash to the major […]
Q&A closed we have a new post idea based on the same general themes thx!
Can’t really think of a better name for the post than that. If we look at interest rates on the 10-year bond we’re now back under 0.75% (could move by the time you read this). Also. People are starting to miss paychecks due to the rapid spread of COVID-19. To the average person who doesn’t […]
What a wild week it has been in the stock market, bond market, crypto market and housing market! There is so much going on it’s hard to keep track of it all. On a positive note, we’ve always had the same mantra… “Crisis is another word for opportunity”. So. Here’s a quick list of easy […]
If you’ve been following our twitter and general view of the virus, unfortunately COVID-19 has gotten much worse. Instead of wasting time debating people online we’re just going to outline some basic ways to make sure you’re in good shape once this virus plays out. Fortunately, you don’t need to do much beyond basic precautionary […]
As stated in the title, this has a ton of spoilers so don’t read it unless you’ve seen the movie or plan to see it. In summary, we are not surprised that it was extremely popular as it should resonate with the masses. Unfortunately, our “take” on the movie is going to be quite different […]