Monthly Archives: June 2021

I’ve been in or around politics for over a half-century now.  I’ve watched as corporations ransacked our system. In 1952, the corporate share of federal tax revenue was 32%. In 2020, it was down to 7%.  Here is a direct … Continue reading →

Wishful thinkers maintain that this cycle is different. Fundamental investment measurements (Price to Earnings, Price to Sales, Price to Book, etc.) are old-school irrelevant in a brave new world of technological disruptors and fee-free momentum traders.  But those of us … Continue reading →

The 50% drop in Bitcoin and other cryptocurrencies over the past month has shown, yet again, that they’re not the stable store of value that proponents wish they were.  Then, overnight, we have further confirmation that they’re also not secure. … Continue reading →