Friday Sept  13 2019 https://www.yahoo.com/entertainment/felicity-huffman-sentenced-college-admissions-scandal-195146827.html Felicity Huffman gets 14 days in jail for an attempt costing $15 K to get her daugher into a college of her choice.     Gee what do you suppose her legal bills are now? Why not just contribute a half million to the school, perfectly legal, and bingo, daughter…

Thursday Sept 12, 2019 Luby's is exploring a possible sale. The stock has traded in low single digits for years while losing money.  Cafeterias have closed.  The Pappas Brothers are in control of the firm which also includes Fuddruckers. About 25 years ago senior citizens made Lubys a real item. I suspect as one student…

Monday Sept 16 2019 Recently we reviewed the concept of reserve currency, Smoot Hawley tariffs and the Bretton Woods 1944 agreement. In this post we introduce you to Chinese efforts to dominate trade in the Far East. By the way note the front page article on China weaker than most thought in today's WSJ. Asian…

Tuesday Sept 3 2019 A bear market means lower prices, a bull market means higher prices. There has never been a bull market in stocks that lasted for more than ten years.   We are in the tenth year of this one.   The market will not top for everything all at conce. Energy was leading stock…

Tuesday Sept 3 2019 This weekend on the market perspective blog, I noted the DJIA had resistance at  26,400. Position squaring at end of week and month meant we would have to wait till this week for the market to reveal its thinking. Sure enough the DJIA opens 200 points to the down side. No…

Labor Day Weekend Sept 1 2019 http://www.360daily.com/pl/sVatJTN0?btoken=   Behold  the new sleeping giant, China

Friday Aug 30 2019 Markets at Critical Juncture     I have been expecting lower oil and stock price. The main reason is that both have been falling together. And the Art of the Deal President alternately threatens some measure, the market drops hundreds of points, and then he makes a conciliatory gesture (Xi is…

Wed August 28 2019 The finance guy at the Infiniti had earned a Certified Professional in Financial Services CPFS I did not see a college degree in his office but I did see the CPFS.   Point being the market place is creating degree substitutes that are industry and job specific. Such certification can be…

Tuesday Aug 27 2019 The Tariff War is not Working   When President Trump casually announced that tariff trade wars were easy to win, we warned that would not be the case. After a stunning two year rally, the markets are now mired in verbal insults , mostly from our side. This morning China threatens…

Weekend August 25 2019 The Rivard Report reflects the economic collapse coming to a series of 'lakes' created by dams on the Guadalupe River.