Recession

Investors Are Ignoring The Evidence At Their Peril

"Exuberance and confidence are at the highest levels on record, but the underlying stories are beginning to weave a tale of an economy that is very late in the current cycle... Importantly, these are not short-term stories either. The long-term picture for the economy and the markets from the three biggest factors (Debt, Deflation, and Demographics) continues to build."

Is Bend, Oregon In A Bubble?

"Bend is a bubble built on a bigger bubble that is still inflating. Bend's continued appreciation is a bet on a few cities' property values (alongside general financial assets) continuing to rise indefinitely and those wealthy folks continuing to flock to Bend. So far, so good but the clock is running."

Mike Rowe: It's Time To Make Hard Work Cool Again

"When you start calling vocational arts 'shop', it’s pretty easy to take shop class out back and put a bullet in its head... That's what we did; we killed shop class, which sends an undeniable message to millions of kids in terms of what is valuable."