I grew up during the Cold War. That period when the United States and the Union Of Soviet Socialist Republics squared off against one another. A time when Americans' free market economic system countered the Central Planning of the Russians.Of cours…

Last week we received some sad, no tragic news. Delivered in that unique way we do on Wall Street, absolutely without emotion, just the numbers. As if we can blunt the emotional impact of lost stores and jobs by using numbers and data. The news was…

Peripheral vision is an attribute that is missing in our current crop of financial leaders. They don't see obstacles out of the corner of their eye. If you've noticed, this Federal Reserve focuses on how raising interest rates will curb inflation. B…

Not since the 1929 Rose Bowl Football Game have we seen the plans and preparations of one side go so wrong. In that game, Roy Riegels picked up a fumble, ran 69 yards in the wrong direction to score a touchdown for the opposition, the Georgia Tech Y…

Last Friday, an obscure regional bank failed. It was Silicon Valley Bank, headquartered just south of San Francisco in an area renowned as the Technology Center of the World. Friday was a historic day for the little Bank. A classic bank run had beg…

Workers are a critical component of any economy. Two centuries ago, when Adam Smith and his cohorts invented the discipline of Economics, they saw three parts to any Economy, Land, Capital, and especially Labor. Later economists would jettison "land…

Yesterday, Jerome Powell, Chairman of the Federal Reserve, testified before the US Senate. It's an exercise that Powell performs twice yearly before the Senate and the House of Representatives. And once again, as he's been doing for nearly two years…

For Joe Biden, History began when he placed his hand on the Bible and swore to become the 46th President of the United States. All that happened before became irrelevant to Biden. It's a strategy used by demigods and dictators throughout the ages.Th…

Our leaders in Washington are behaving as if it was the 1970s again. They think that the United States is the dominant industrial country in the world, with support from most countries around the globe.Unfortunately, neither proposition is any longe…

This is a story of one man and his incredibly influential Foundation. On October 18, 2019, at the Pierre Hotel in New York City, the Bill and Melinda Gates Foundation created a specific plan to respond to any future Global Pandemic. That Plan would …