On July 30th, the US released the worst statistics on economic growth in its history. In the 2nd quarter of this year, US Gross Domestic Product fell at an annualized rate of 32.9% as the nation and the world went into lockdown in response to the coronavirus pandemic. This marks [...]
Soooo... I think we can all agree these last few weeks have not been a fun time to be an investor navigating the COVID-19 bear market and a human being living on earth. The novel coronavirus - a word most of us didn't know the meaning of two months ago [...]
It's 2020! We're officially living in the future! And if retro sci-fi stories are any guide, that means abundant, clean, cheap energy for everyone. In 1954 the chairman of the US Atomic Energy Commission declared to great fanfare that the nuclear age would bring with it "electrical energy too cheap [...]
Last Thursday, the yield on the US 30-year treasury bond fell below 2% for the first time in history, breaking its previous record set in 2016. Predictably, everybody is losing their minds because of this. Bloomberg says that the 30-Year Treasury is Scary, and this is like cats sleeping with [...]
In my last post, I gave my two cents on the old investing debate of whether real estate or the stock market is the better investment. I concluded that real estate (particularly residential housing) is roughly just as risky as stocks are, earns somewhat lower returns than stocks do (at [...]
