Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Economy
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8/7/2025 Despite Trump's promise to bring manufacturing back to America, mfg is sputtering.
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Thursday 8/7/2025 Seven Year Old /creates Card Game After playing cards he declared he wanted to create a game. Say hello to Taco vs Burrito! He sols it to a game company for $1M. It has sold 15 M games on Amazon. Success can be had outside high tech.
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7/26/2025 hLike the Last Days of Rome Sears invented catalog shopping in the 1890s. That was the forerunner of what you know as online shopping today. Meet Eddie Lampert, the man who destroyed Sears.
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7/22/2025 As markets rise, previous restrictive rules are discarded. The 'What Me Worry' attitude takes hold. The Fear of Missing Out FFOMO becomes widespread. This is a result of positive mood which propels markets higher and higher. The story of zero day to expiration ODTE options is a case in point. Here is an excerpt…
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4/15/2025 Not since Herbert Hoover signed the Smoot-Hawley Tariff has a president chosen to disregard a larger body of informed opinion than President Trump did when he instituted his protectionist trade policy. Based on a series of verifiably false grievances—wages haven’t grown in 50 years, manufacturing has been hollowed out by imports, countries with trade…
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4/12/2025 80% of US Toys are Made in China The photos show plush toys, stuffed animals and such. No way all that manufacturing is going to move to the US in time for this Christmas. As all this sinks in on investors, the pop up will likely be short lived. Manufacturers have no choice but…
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4/5/2025 From an episode of “Uncommon Knowledge with Peter Robinson,” recorded April 1: Mr. Robinson: What do you make of the present president of the United States and his tariffs? Thomas Sowell: It’s painful to see a ruinous decision from back in the 1920s being repeated. Now, insofar as he’s using these tariffs to…
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4/3/2025 The US Dollar has dropped about 2% on the tariff news. Markets are not seeing the buck as a store of value. April gold has dropped $53. It exhibits a five wave pattern dating from 1970 when Americans could own gold again.
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4/3/2025 7:13 AM CST I have assigned coverage of the 1930 Smoot Hawley tariff in each class. The individuals assigned did a great job describing what it was and the results. It is as if we are replaying 1930 all over again. Hoover was elected with a big majority, Trump less so. Stock market peaked…
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3/256/2025 More downgrades ahead
Professor Elam 