Have just been reading more stuff about deflation in Europe, Russia and just about everywhere else, developed that is. The intelligentsia believes that it’s due to a number of factors especially the aging of the population and lack of policies to stimulate demand. Who knows, they might be right. But I have another wild idea. That deflation is due t...
So Oscar de la Renta just died. A fashion icon par excellence. Can a fashionista be anything more than a dressed up peacock, no matter how wealthy? Every era has its leadership zeitgeist. Usually in the heady times, the zeitgeist favors pomp and circumstance, narcissists, unachievable visions and huge fortunes. That was the early 2000s. Now the zei...
I guess you noticed the swoon last week in the NASDAQ. I’m not bright enough to figure out where it goes next in the short-term. But I do have a couple of ideas about what will happen in the longer-term. The beauty about long-term guesses is that if I’m wrong, I won’t be around to have to take the brickbats 20 years ago the global literati were all...
