The Fog of War

The Fog of War

When I was released from the army in 1974, I had been assigned to the Command Operations Center – the War Room – for US Army Alaska.  We made war plans, executed war games, and analyzed their outcomes.  One thing I learned during that period, is that regardless...
Economic Trouble Brewing in China

Economic Trouble Brewing in China

The economy today in China has many similarities to what happened some years back in Japan. After WWII, Japan’s manufacturing methods were more modern and proving superior to the US in many ways.  Japan was so successful that they were buying up iconic properties...
Predicting a Bear Market

Predicting a Bear Market

I don’t normally make or even follow predictions because doing so anchors one’s mind to that expectation.  If the stock market goes in a different direction than what was predicted, there can be a strong psychological pull on me to make wrong decisions.  With that...
Should You Worry About Artificial Intelligence?

Should You Worry About Artificial Intelligence?

These days, everyone seems to be either excited about Artificial Intelligence or worried about it, and some of us are both.  So, I wanted to see if I could clear up a few things about this thing that most folks just call “AI.”  AI is really nothing new.  It has been...
Don’t Always Believe the Headlines!

Don’t Always Believe the Headlines!

June headlines said that the bull market has returned!  Hurray!  No more worries!  Yeah, right. In my opinion, the idea doesn’t pass the smell test.  First of all, I don’t trust the media to tell it straight and I suspect these headlines are products of the Wall...
Talk of Recession Presents Opportunity

Talk of Recession Presents Opportunity

When everyone expects something to happen in the financial markets, normally the opposite happens.  Lately, it seems that everyone expects the US to slide into recession.  Think for a minute.  Do you know anyone who thinks otherwise?  Employment appears strong and,...