As our economy has increasingly become globalized over the past several decades there have certainly been many winners and many losers here in America. While I would argue that increased international trade generally has been a net positive for the prosperity of our nation, it is also a fact that [...]
In the 20th Century, many important investing principles developed including asset allocation for diversity and the efficient market hypothesis. More recently, politics has risen to cause a shift in the desired measurement of economic welfare. The trendy newcomer is ESG. What is that? ESG is the acronym of Environmental, Social [...]
While it will be several weeks before we have a clear picture on total retail sales this holiday season, we do know that it started very poorly with November sales numbers, typically the highest month of the entire year, actually dropping .6% when compared to October. Many on Wall Street have interpreted [...]
Just in time for football season to start, the state of Kansas legalized sports betting for both residents and non-residents alike this past week. Since this is a money column, I thought it would be only appropriate to speak on the topic of sports betting. I won’t comment on the [...]
A little over a year ago, my wife and I were in the market for a new vehicle. Our kids were getting older and we found our sedans were just not large enough for our needs and purchased a newer SUV. We no longer needed one of the cars, but [...]
In the 1980 presidential election debates, Ronald Reagan began his famous quip, Well . . . There you go again! Sometimes it seems we cannot learn from our mistakes. Today I will connect some dots of seemingly unrelated ideas and decisions that have made life in these United States more [...]
This past week on a straight party line vote, Democrats passed the Inflation Reduction Act. Among other things, the law will attempt to fight climate change and lower carbon emissions here in the US at a cost of roughly 370 billion. As someone who believes in the importance of stewardship, [...]
The summer school break is as good as over. Teachers and school personnel are hard at it today, preparing for another new opportunity for our children to become more civilized, hopefully, and to learn the concepts and content necessary to be productive citizens in our society. I thank God for [...]
In our modern world, technology has found ways around many scientific laws, for example Newton’s law of gravity was defied when Orville and Wilbert Wright first took to the air at Kitty Hawk. However, while man has found ways to bend some of these laws, they have not actually broken [...]
This past weekend my family and I went to a local chain restaurant for dinner. As we entered, I was surprised to find the dining room virtually empty given it was dinner time on a Friday night. I was even more surprised to find a lobby full of people and [...]
