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“How American Fracking Changes the World”

This is the title of a recent Wall Street Journal article written by Walter Russell Mead.  It is not practical to attempt to summarize Mr. Mead’s comments, but the underlying theme of his position is, “low energy prices enhance U.S. power at the expense of Moscow and Tehran”. We have previously looked at the potential […]

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Bitcoin is Imploding? What’s Next?

With bitcoin down 80% from the peak, and similar declines for other cryptocurrencies, what’s likely to happen next? We have previously commented on the cryptocurrency phenomenon, see Coin of the Realm, posted 16 Feb 2018 and Tulips and Bitcoins posted 16 Aug 2017. We have been somewhat less than enthusiastic regarding the investment merit of […]

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The Right Stuff

The Right Stuff is the tittle of a 1979 book by Tom Wolfe about the pilots engaged in U.S. postwar research with experimental rocket-powered high-speed aircraft as well as documenting the stories of the first Project Mercury astronauts. The Right Stuff can also refer to necessary or ideal qualities and capabilities, such as courage, confidence, […]

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Is Your Estate Plan Complete?

Aretha Franklin’s wasn’t.  Prince’s wasn’t.  Pablo Picasso’s wasn’t. When you die and have not listed beneficiaries for your assets or titled your assets in the name of a trust, the courts in your state determine where your assets go. Many people don’t realize that a will does not avoid probate.  A will simply informs the […]

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Logistics

According to Wikipedia, logistics is generally defined as the detailed organization and implementation of a complex operation.  For business, logistics is a general term for the management of the flow of things between the point of origin and the point of consumption in order to meet the requirements of customers. Manufacturers and providers of goods […]

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Consumer Confidence Hits 18-Year High

The U.S. consumer confidence index rose in October to an 18-year high, amid optimism about jobs and the economy, according to the New York-based Conference Board. It is also probable that improving consumer confidence may be, at least in part, attributable to broad gains in wages.  Specific wage gain calculations are complex and single data […]

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