Commentary, General

Still Rock and Roll to me

I’ve already mentioned in my prior post “The Greatest Recession” the importance of Richard Koo’s work on the balance sheet recession. Indeed, we are lucky to have this guide as we recognize the consequence, significance, and inevitable results of putting our fiscal laxity into hyperdrive. This post is not intended to harbinger gloom and pessimism, the world will continue regardless, but these are obvious vulnerabilities that did not have to metastasize – and they ought […]

Reviews

Too Soon?

“What would your good do if evil didn’t exist, and what would the earth look like if all the shadows disappeared?” – Mikhail Bulgakov Comedic relief, applied to history, can be the blending of the absolutely horrific with the first hand accounts of survivors. It is “One day we’ll look back on this and laugh.”, fleshed-out. In the case of Armando Iannucci’s film The Death of Stalin it is, “One day others will look back on this […]

Reviews

Network of Care

As a reader I tend to stick with nonfiction, history, periodicals and well, Twitter. However, I’m not one to turn down the offer of a book club, even if the material is exclusively of the self-help/professional development variety. And so, ever so slightly outside of my reading comfort zone is how I ran into “Never Eat Alone” by Keith Ferrazi. The book purports to instruct the reader in exactly what the title implies, to be […]

Commentary, General

That’s Just The Way It Is

“If you must break the law, do it to seize power: in all other cases observe it.” – Julius Caesar. Fellow Americans, global citizens, rent seekers, and producers, I’m sorry to report we’ve crossed the Rubicon. In the 2,069 years since the apocryphal crossing (significant for Occidental readers), the only difference in the seizure of power are the increasingly sheepish ways with which it is done. The original occasion was as terrifying as it was […]

Commentary, General

What Dreams Central Planners Dream

Consider the following. ‘The medium exchange, for the whole history of human commercial relationships, is defined and valued based on the scarcity of the item exchanged and the ensuing negotiation on trading ownership for some other item of scarcity. We are living in a bubble, where our commercial relationships are defined by a medium of exchange that is detached from a store of value. In our times, a tenuous attachment to value is made, when […]

Commentary, General, Uncategorized

The State of the Economy

On the News Front Early in the trading session this past Friday (March 22nd) the 3-month Treasury bill yield & the 10-Year Treasury Bond yield inverted.  As of this writing, the 3-month Treasury yield & the 10-yr yield are sitting at 2.455% and 2.442% respectively.  Subsequently, this inversion took center-stage on the news outlets for the day. The ‘big deal’ associated with the inversion of the yield curve is that it has been a recurrence […]

Stock Analysis

Following Up on Micron Technology

Micron Technology (MU) Follow-Up Summary Last week I penned an analysis on Micron Technology (that I had been meaning to get around to) here; https://thebearishbulls.com/2019/03/04/micron-technology-inc/. Throughout this follow-up, we’ll take a look at how it’s moved over the past week, seeing as I’m under the impression we’re finally seeing news-related movement rather than the upward passive-movement we’ve seen through it’s rise from the sub-$30’s in mid-December to the low $40’s peak over the past month. […]

Commentary, General

On Workism

The introduction to Ben Carlson’s article “Why Are People Miserable At Work” is the perfect illustration in our times for how and why work is examined with religious devotion. Even the language that generally accompanies the inquiry, “What do you do for work?”, is optimistically suggestive, “what’s your passion”, “your drive”, “accomplishments”, “what do you earn“. There is so much we assume about vocations and the efforts we engage them with, our language seems to […]