• Professor Elam

    Monday May 18 2015

    Here is an example of the practical application of socionomics.  Polling indicated the British election would be close, it was not. Here is why. 

    Social mood determines what happens. This is more and more evident as our friends at the Socionomic Institute continue their investigations. 

  • Professor Elam

  • Professor Elam

    Tuesday May 5 2015

    Robotics are invading traditional bookkeeping turf.

    This article details how the number of finance employees at big firms has fallen to  71 per billion of revenuer form 119. Now there is a rarely quoted statistic.

     

    I have continually emphasized the importance of moving yourself to a higher professional level via certifications. Here is the perfect example that just knowing the basics won't be enough to get you ahead. 

  • Professor Elam

    Monday May 4, 2015

    Friday May 1 Gilbert Barrera, Richard Green, and Dennis Elam, TAMUSA Accounting Professors, met with their counterparts from Alamo Community College. It was a casual get acquainted meeting with TAMUSA providing lunch from Jimmy Johns. 

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    At left Gilbert Barrera visits with Amanda Salinas from Palo Alto College. 

     

     

     

     

     

     

    At right ?Richard Green chats with Larry Rosenbaum SAC and Mike Goeken, NW Vista, a third SAC instructor is also pictured. 

    RoDSCF0209

  • Professor Elam

    Friday May 1, 2015

    I was networking at the Aventine Hill reception this week. And I met the new controller for Massage Heights. Screen Shot 2015-05-01 at 3.31.08 PM

    Yes she is a CPA and yes the company headquarters has moved to San Antonio!  This company operates locations that offer, yes, massage. If you have not had a massage by a trained therapist you should try it. 

    Massage as well as acupuncture is relaxing and a great preventive from various  aches and pains resulting from stress and poor posture and such. This company is selling members ships like a health club.

    If such services could be compensated with medical insurance, the business would take off. When I was a kid, chiropractors were seen as practitioners of a Dark Art .But once they finally qualified for insurance, the profession blossomed.

    At any rate this is a good example that accounting as TSCPA says, offers 360 degrees of opportunity. All sorts of business opportunities await the career certified professional.

     

     

     

  • Professor Elam

    Thursday April 30 2015

    Here is a summary of a theme of my investment blog.  We experience alternating cycles of bull markets and then economic stagnation. 

    1948-1966 bull Market

    1982-2000 bull Market

    1966-1982 – Economic Stagnation

    2000-2018, likely Economic Stagnation. 

     

    And so the same mood dominates each cycle, repeating itself. Nothing demonstrates this quite as well as the latest cover of Time Magazine. See at right, the 1968 date is struck out and replaced with Screen Shot 2015-04-30 at 1.03.52 PM

    yep, 2015. 

    after the Dow topped at 1,000 in 1966, social mood disintegrated among Viet Nam Tet Offensive and then the assassinations of Kennedy and King and then the Watts Riots. the market then see sawed back and forth finally dropping 50% from January 1973.

     

    by the way retail investors are all in at TD America.  Is it possible we have run out of buyers?

     

  • Professor Elam

    Wed April 28, 2015

    Market tops are often accompanied by natural disasters. The top in the Japanese market in  1989 was accompanied by an earthquake. 

    Now we have an earth quake in Nepal.

    Riots in Baltimore threaten the city's tourism and convention industry.

    The DOE has collapsed Corinthian College putting thousands of students in limbo. 

    William McGurn has a column in today's WSJ reflecting on what happens when the US pulls out of a war, aka Viet Nam 40 years ago. Instead of peace as promised, mayhem ensued. That is now the case across North Africa and into the Middle East where beheadings and refugee camps now abound. 

    From that standpoint this looks a lot like 1968-1972. 

  • Professor Elam

    Wed April 28,  2015

    I recently suggested that the formation of the Corinthian 100 was a prelude to the college loan bubble beginning to burst.

    The Corinthian 100 are refusing to re pay loans extended to attend Corinthian campuses. The reason is that the Dept of Education forced Corinthian out of business. Now thousands of students are in limbo on their debt, whether it can be discharged or whether their credits transfer. 

    What was Obama and his DOE  thinking?

  • Professor Elam

    Monday April 27, 2015

    We have had a good response to our entrepreneurship initiative.

    Here is an interesting article on how a Pakistani immigrant went from dishwasher to franchise owner.

    But the NLRB isa threatening his future.

  • Professor Elam

    Monday April 27, 2015

    Here is a link to the interview with Mitch Daniel this past weekend in the WSJ. He is currently President of Purdue.

    He notes that the top 40 universities have 2/3 of all the endowment money in the country, his point being that a lot of universities are going to disappear in the next few years.