It has been a newsworthy week in both politics and markets. To me, politics is usually of little significance, as are the daily market swings surrounding them. Over time, the market goes up, despite politicians’ attempts to get in the way. Politicians are gnats that responsible people have to swat at, but in the long run that is the extent of their impact. Good finance is all about having a long-term view that finds value and manages risk. Continue reading “Finance Friday #7: Retail Revolution”
Author: Douglass Gaking
Market Monday #7: Gross Domestic Plastic
We need to get out of debt… and get better at recycling. Continue reading “Market Monday #7: Gross Domestic Plastic”
Finance Friday #6: Breakups
Eur breaking up with me?!
Maybe I’m too much of an optimist, but I’m not too worried about a Euro breakup, a Trump trade war, North Korea, etc. Geopolitical conflicts have gone on for a long time. The market is notorious for overreacting to geopolitical news when it comes to stock prices in the short term, but eventually corporations and their investors still earn their money in the end. Continue reading “Finance Friday #6: Breakups”
Market Monday #6: Comparative Advantage
It is Memorial Day, and we are celebrating our freedom by bragging about the economy, putting immigrants in “detention centers” reminiscent of WW2 concentration camps, and punching drunk women on the Jersey shore. We need to realize the value of our fellow human beings, whether they be soldiers, immigrants, or even drunk women on the beach. Let’s stop blaming each other and hurting each other. Empathy is better for morality, but it is also better for the economy. Continue reading “Market Monday #6: Comparative Advantage”