Tag Archives: Consequences of Default

Guessing What Happens

Wednesday, July 27 – madness in Washington and worry on Wall Street: Stocks retreated deep into negative territory on Wednesday as Congress remained stalled on resolving the debt ceiling, and an economic report showed a significant slowdown in the U.S. … Continue reading

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The Land of Fluff and Nonsense

The move to Southern California was thirty years ago, almost exactly. And the move to Hollywood was almost seventeen years ago. And no one back east understood either. We had all grown up knowing Southern California from the Gidget surfer … Continue reading

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Storm Warnings

Okay. It’s a simple hypothetical. Let us say that over the last ten years or so you bought a lot of stuff on credit – a new car every few years, a big house, yearly trips to Paris to do … Continue reading

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When the Smart Money Walks Away

Okay, March comes in like a lion and goes out like a lamb, as they say, but June opens with omens: A batch of disappointing economic reports is leading some investors to worry that what appeared to be a short-term … Continue reading

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