A Market On Razors Edge
by David Reavill
On Monday, the markets experienced a "Flash Crash." You may have missed it because it was over almost before it began. An alleged photo on Twitter triggered this tiny crash that a...
Audit The Fed
by David Reavill
Would it surprise you to know that one of the largest institutions in this country does not adhere to Generally Accepted Accounting Standards? Would you be even more surprised to learn that...
Nuclear Power: Environmental Menace, Or Economic Savior
by David Reavill
This past Sunday, May 15, will likely be the defining moment in the ongoing debate over Nuclear Power. Many here in the United States may feel that the discussion about Nuclear is...
How Major League Baseball Handled Their “Durham Report” A Century Ago
by David Reavill
This week we received the following: REPORT ON MATTERS RELATED TO INTELLIGENCE ACTIVITIES AND INVESTIGATIONS ARISING OUT OF THE 2016 PRESIDENTIAL CAMPAIGNS, otherwise known as the Durham Report, named after lead investigator...
The Risks Of Passive Investing: Understanding Index Funds
by David Reavill
I was recently asked if Index Funds (fill in any investment product you like) are a good investment. I used to reply, in standard "brokerage" (sic), that "Yes, Index Funds can be...
A Financial Earthquake
by David Reavill
I have the dubious distinction of being among the hundreds of thousands who lived through the Northridge Earthquake nearly 30 years ago. I grew up in Southern California and was used to...
What’s Wrong With The Banks?
by David Reavill
The most significant hazards are always the ones you least expect.
The magnificent Ocean Liner was launched nearly 112 years ago, on May 31, 1911. Eleven months later, she lay at the bottom...
The Story Behind Our Nation’s Debt And The Federal Reserve
by David Reavill
It's a story as old as Capitalism. Downtown, the borrower frets over their next loan payment. They're strapped and don't have enough cash to meet their current payment. If they're not careful,...
“I’ll Put My Faith In The American People”
by David Reavill
It was an expression that we used to hear often in this country. Politicians would put their thumbs in their suspenders, lean back and begin their speeches with the meme, "I put...
Why “Prime The Pump” Government Spending Isn’t Working
by David Reavill
Last week, we looked at the Nation's GDP for the First Quarter of 2023. At a growth rate of just 1.1%, it was less than half what analysts had predicted just a...