Financial Avengers

Of all the economic conundrums The Captain has faced, the persistence of low interest rates is the most challenging. What does it mean? What are the short and long term consequences? How do we navigate in a low-rate world? https://www.wsj.com//ecb-launches-major-stimulus-package-c

https://www.facebook.com/photo.php?fbid=10151556619985960&set=a.10150836705820960&type=3

Embedded in this quaint article about real estate choices in NYC, is this frightening quote: "Dr. Uy found the interior both modern and homey. The building has a virtual doorman, with an app-driven doorbell, he said. Even if I am in the ER, if I see it’s the UPS guy, I can just let him in. And folks wonder why we are suspicious of this asset class. ... Let's be clear: If I'm in the Emergency Room for what I presume to be a freakin' emergency, I don't want the doctors checking their phones to make sure their Amazon Deliveries get through. In other news? This is why we still own a bunch of Amazon stock. https://www.nytimes.com//2/08/01/realestate/01hunt-uy.html

Have you ever noticed that as soon as African American Men accumulate wealth and power, folks start asking whether or not those same men have too much wealth and power? We have. This headline doesn't even have that much to do with the innocuous article it is attached to, which discusses recent actions in the NBA. But the headline is, in our view, overtly racist. No one asks if the Owners of the team have too much power? ... This kind of subtle economic racism and degradation is endemic. It is barely ever even called out. https://www.nytimes.com//nba-kawhi-leonard-lebron-james.ht

It's a big job but someone has to do it. https://www.facebook.com/photo.php?fbid=10151556619985960&set=a.10150836705820960&type=3

Rule Number One: Greed is the Enemy of Financial Freedom