March 19, 2022
Sometimes people are too politically invested in climate change and environmental policies that they “can’t see the forest through the trees,” as John Heywood’s 1546 proverb propends (an idiom). This is not to say we can’t improve … or that we should be resist/thwart the shift towards renewables and improve our environmental footprint, BUT we ALL […]
Filed under: Automotive, Blogs, Energy, Environment, Idioms, Innovation, Productivity by RichC | No Comments »
Tags: climate, cobalt, energy, Environment, ev, fossil fuel, idiom, idioms, john heywood, lithium, mining, panel, proverb, solar, windmill
March 12, 2022
Nobody wants to really hear or see anymore written about inflation. We’ve all seen it with our own two eyes and our wallets have felt it since the Biden administration took office. No more though than the last couple of weeks after Russia invaded Ukraine as the West’s political miscalculations and head-in-the-tar-sands polices have made […]
Filed under: Automotive, Energy, Personal, Photos, Politics by RichC | No Comments »
Tags: dejavu, democrats, economy, energy, fuel, gas, oil, policies, progressive, recession, udf
March 2, 2022
I’m not an expert on how the events in Ukraine will impact the world, but I do pay close attention to geopolitical events, the financial markets and the economy … and can’t help but wonder how this will reshape our future. For the past year or so I’ve been grumbling about how the Biden administration’s […]
Filed under: Energy, Financial by RichC | No Comments »
Tags: biden, economy, energy, europe, federal reserve, geopolitics, inflation, nato, oil, opec, russia, stagflation, ukraine, war
February 13, 2022
We’ve never been all that timely in getting Christmas decorations put away after the holidays, but this year we … and by “we” I mean Brenda … has been slower than usual. To be fair, most everything has been packed and put away, but there are a few stragglers still around our house. I’m not […]
Filed under: Books, Financial, History, Holiday, Humor, Millitary, Personal, Photos by RichC | No Comments »
Tags: barton biggs, book, brenda, christmas, decorations, house, investing, momc, santa mouse, war, wealth, wisdom, world war 2
February 12, 2022
Although this is really not a smooth continuation from yesterday’s “Inflation Hot” post, the financial and economic theme remains the same … so it will be considered “part 2.” The post left off with trying to stop inflation in the 1980s and forcing a recession, actually “back to back recessions.” We can all hope that […]
Filed under: Financial, History, News, Politics by RichC | No Comments »
Tags: chart, economy, federal reserve, History, inflation, part 2, recession, yield curve
February 5, 2022
No longer am I driving 2000 miles a month back and forth to NE Ohio for work or traveling to and from western New York to check on Brenda’s parents, but I do still enjoy driving and owning a diesel vehicle. The Volkswagen Jetta TDI fuel economy isn’t a big deal anymore either, but I […]
Filed under: Automotive, BMW, Travel, Volkswagen by RichC | No Comments »
Tags: BMW, car prices, cars, chip shortage, diesel, driving, odometer, turntoday.com, x5 35d
January 25, 2022
So … how’s the economy doing in 2022? Well, if you measure it based on the stock market or maybe finding a job (if you want to work) … then the façade looks ok. Dig a little deeper and you’ll find out that your paycheck doesn’t go that far … IF you can find what […]
Filed under: Energy, Financial, Human Interest, Politics, Quotes by RichC | No Comments »
Tags: biden, big govt, covid tests, economy, facade, fossil fuel, government, idiom, idioms, inflation, milton friedman, money printing, oxymoron, propaganda, quotes, socialism
January 8, 2022
It feels like we are obliviously sailing on the Titanic and ignoring a financial storm on the horizon. We know that there is a debt iceberg ahead and yet have convinced ourselves that the United States is unsinkable … and so … continue our TRILLION dollar money printing and our unsustainable spending ways. Congress spends […]
Filed under: Blogs, Business, History, Politics by RichC | No Comments »
Tags: ani gif, anigif, congress, debt, deficit, economy, Financial, government, irresponsible, president, spending, storm, titantic, Washington DC
January 3, 2022
Even with all the negativity around Covid19 and the rapidly spreading, but somewhat more tolerated, Omicron variant … investors chose to shrug off what looks to slow down the economic re-openings around the world. The saying I keep hearing is that “I’m done with it.” My view for the strong stock market start on the […]
Filed under: Business, Financial, Politics by RichC | No Comments »
Tags: covid19, dow, federal reserve, interest rates, nasdaq, omicron, opinion, s&p 500 index, stock market
October 12, 2021
For most investors, the normal criticism is that they are not diversified enough … or at least they often own too much of one sector or one stock (happened in the old days when companies often matched or did a partial match in company stock). I’ve tried to keep “diversity” in mind over my lifetime […]
Filed under: Advice, Energy, Financial, Human Interest by RichC | No Comments »
Tags: $FUTY, $NEE, $VPU, $XLU, bonds, Business, cef, cycle, diversified, energy, etf, investing, stocks, trading
October 9, 2021
If you think about it, the IRS will probably need far more than another $80 BILLION tax dollars to hire enough agents to track and follow up on every American who has a bank account or transaction over $600? A major component of President Joe Biden’s plan to raise revenue to pay for his trillions […]
Filed under: Business, News, Politics by RichC | No Comments »
Tags: america, banking, biden, big govt, congress, economy, government, irs, marxism, News, socialism, taxes
September 12, 2021
Older photo of my 2010 BMW X5 35d from “fuel economy post” in 2016 after modifications Catalytic converters have precious metals that can be recycled, so I’ve been saving back a couple of the parts from the BMW X5 35d thinking that I might get a chance to see just what they might be worth. […]
Filed under: Automotive, BMW, Diesel, Environment, Financial by RichC | No Comments »
Tags: apps, BMW, catalytic, converter, eco cat, exhaust, precious metal, recycle, x5 35d
August 14, 2021
The older I get, the less investment risk I’m comfortable taking. Perhaps it is not the age thing, but having experienced stock market gyrations and what happens to our investments? For those of us in small business or in the gig economy, and increasingly for those who move from company to company, we are our […]
Filed under: Advice, Business, Financial, Tidbits by RichC | No Comments »
Tags: 401k, bonds, cef, cheat sheet, etf, finance, investing, investment advisor, ira, primer, retirement, robo-advisor, saving, stocks
July 19, 2021
If you are an investor or long term education and retirement saver, you’re feeling the pain today as the coronavirus Delta variant spread could impact the economic recovery. U.S. stocks, oil prices and government bond yields slid Monday as anxiety mounted over the spread of the Delta coronavirus variant and its potential impact on the […]
Filed under: Financial, News by RichC | No Comments »
Tags: chart, coronavirus, covid19, investing, saving, wall street, wsj.com
June 23, 2021
Although I’m likely tainted in having lived through a period where inflation was real and uncontrolled, I do worry that people living today either ignore or downplay the negative impact inflation, stagflation or worse … hyperinflation … can make on our country. For those who know me, I’ve likely been the “boy who calls wolf” […]
Filed under: Blogs, Financial, History, News, Politics, Social Networking by RichC | No Comments »
Tags: clough, federal reserve, fomo, fox business, hyperinflation, idioms, inflation, investing, jonathan hoening, phil flynn, twitter
June 6, 2021
For years now … no, it is now decades … my buddy Jeff and I have gone out for lunch ever other week and almost exclusively to a Mexican restaurant … primarily for the chips and salsa (and relaxed conversation). Before that, we lived in different cities (he in Florida and then Alabama … and […]
Filed under: Books, Financial, Friends, Personal, Politics, Video by RichC | No Comments »
Tags: book, debating, economy, friends, hyperinflation, inflation, investing, jeffp, lunch, mp4, reading, richc, salsa
May 20, 2021
Car clubs and automotive aficionados have been getting together for years to talk about their vehicles with like minded folks. For my dad it was his local “in-person” Vint Car Club, car shows and museums. For me it started as just a couple friends working on restorations or rebuildable salvaged junkyard cars … then evolved […]
Filed under: Automotive, Memories, TBT, Volkswagen by RichC | No Comments »
Tags: 4runner, cars, clubs, dadc, favorites, forums, graph, groups, Rav4, sales, station wagon, TBT, tdi, tdiclub, throwback, thursday, toyota, vint cars
May 8, 2021
A few times before I’ve thought, and blogged about MMT or Modern Monetary Theory, when it comes to newfangled economics. Personally, I (nor many economists) can accept the thinking or rationalize the large deficits and debt path our country is on. In order to better understand the mind-set, I decided to read Stephanie Kelton’s book […]
Filed under: Books, Financial, Politics by RichC | No Comments »
Tags: book, chart, economics, government, inflation, lumber, mmt, reading, stephanie kelton, the deficit myth
April 29, 2021
Personally I don’t like using the word "bold" for taxing and spending by big government since it has a positive attribute (at least to my thinking), but President Biden’s Joint Address last night was unlike any we’ve ever seen. It looked far more like a socialist spending wish list than a unifying address to bring […]
Filed under: Humor, News, Politics by RichC | No Comments »
Tags: address, biden, Politics, speech
April 14, 2021
Since Ford once-upon-a-time paid a solid dividend, it was one of those stocks I felt comfortable trading in and out of or just sitting on for a while … but after the company suspended the dividend in March of 2020, I had to re-think $F stock. Owning Ford in 2020 and so far in 2021 […]
Filed under: Automotive, Financial, Politics by RichC | No Comments »
Tags: dividend, dividends, ford, herd imunity, infrastructure, investing $F, money, pandemic, porfolio, pork, retirement, stimulus, stock, trading
March 30, 2021
The news that has captured much of the of the world’s interest this week was the very large Ever Given container ship lodged sideways in the Suez Canal by 40+ mph winds (and perhaps some mechanical issues?). The “Empire State Building” size ship snarled traffic for 6 days surprising most people as to just how […]
Filed under: Business, Financial, News, Photos by RichC | No Comments »
Tags: blocked, canal, coronavirus, covid19, jit, locks, News, shipping, ships, shutdown, suez, supply chain, tugboats, wedged, world
March 25, 2021
For the most part, I’m a conservative investor, although a regular channel trader, and I rarely speculates on risky upstarts, IPOs, zero-profit tech stocks, pharmaceutical long-shots or the latest crazy … cryptocurrency trend. Since most “risk” involves speculation, I see it more akin to gambling than eyes-open informed value or growth investing … both which […]
Filed under: Advice, Financial, Health, Science by RichC | No Comments »
Tags: $PFE, $VRTX, biotech, bitcoin, charts, coronavirus, covid, cowen, cystic-fibrosis, Financial, grain of salt, idiom, idioms, investing, markets, pandemic, pfizer, phrases, stocks, trading, vertex
March 18, 2021
Real estate has been on a tear in many markets as the coronavirus has people moving from cities to the suburbs and their own piece of land. In my opinion it is not just COVID19 related, but that fact that cities aren’t as secure or as tax friendly to live in, especially on the east […]
Filed under: Business, Financial, News by RichC | No Comments »
Tags: building, commodities, coronavirus, covid19, economy, federal reserve, house, housing, inflation, interest rates, lumber, mortgages, real estate, wsj
February 9, 2021
Did you ever have a political discussion or receive an email that generated a desire to reply and explain? That sort of happened to me this weekend … but I decided there isn’t an upside in the one on one reply. The best approach, as is often the case when talking about faith and religion, […]
Filed under: Blogs, Personal, Politics by RichC | No Comments »
Tags: adage, debate, democrat, government, john adams, libertarian, lost, opinion, Politics, quote, republican, socialist, taylor, thehustings, venting, website
January 26, 2021
All I can think about are the stock market “bubbles” from the past. I’d love to believe the upward trend we’ve seen this past years is genuine and built on an appropriate foundation, but suspect as most know, it is being built on “hope” and “stimulus dollars.” Now that is not to say that certain […]
Filed under: Business, Financial, Politics, Productivity by RichC | No Comments »
Tags: barrons, bubbles, coronavirus, covid19, economy, finance, investing, jack hough, jeremy grantham, pandemic, recovery, stimulus, stock market, trading, valuation
December 30, 2020
When it comes to being the first to read a book, I’m not the guy to turn to, but eventually I do get around to some of them. I’m particularly fond of the history oriented books from the last century and “I Marched With Patton” by Frank Sisson fits that criteria. This World War II […]
Filed under: Audio, Books, Millitary by RichC | No Comments »
Tags: audio, Books, frank sisson, glose, History, patton, reading, ww2
December 22, 2020
With only a handful of meals out during this COVID19 year with my buddy Jeff this past year, I’ve learned to appreciate them even more than usual. We’ve been having lunch together each month or so as a way to stay connected for decades and for me adjusting to just emails and text messages is […]
Filed under: Financial, Friends, Personal, Politics by RichC | No Comments »
Tags: brainstorming, coron, covid19, debt, deficit, economics, el rancho, friends, idiom, idioms, investing, jeffp, lunch, mmt, Restaurant
November 10, 2020
It has been a long week since the 2020 Presidential Election and I haven’t posted or commented on the vote or “media reported results” regarding several projections as to Joe Biden being our president-elect. For me, the tabulation of votes in key swing states is very close and legitimately contested based on several questionable issues […]
Filed under: News, Politics by RichC | No Comments »
Tags: commentary, corruption, donald trump, election, election2020, fraud, joe biden, law, News, opinion, Politics, president, presidential, supreme court
October 29, 2020
After all the hate during the 2016 Trump vs Clinton election, most Americans were relieved the contentious campaigning was finally over … but it was not. The political left, assisted by much of the media, celebrities and activists, continued to encourage elected Democrats to fight on, impeach President Trump on fabricated information and “resist” any […]
Filed under: Politics by RichC | No Comments »
Tags: biden, campaign, election, election2020, harris, illustration, Pence, philosophy, Politics, trump
September 30, 2020
“INCOMING!” (reference to the diving falcon photo) With best intentions, I had hoped to post on Tuesday night’s first of 3 presidential debates for Wednesday morning – nope … maybe over lunch? I am with those who are embarrassed at what we now see and hear from our political leaders. To be honest, the “offensive […]
Filed under: Politics by RichC | No Comments »
Tags: 2020, campaign, chris wallace, cleveland, debate, donald trump, election, joe biden, ohio, Politics
August 25, 2020
To sum up the nomination process for the November 3rd 2020 presidential election in a short paragraph is foolhardy, but that doesn’t prevent me from opining on the week long telethons. I expected both parties to come out with their vision for America and to at least give the leader-to-be’s vision, plans and goals? Unfortunately […]
Filed under: Audio, News, Politics, Video by RichC | No Comments »
Tags: biden, campaign, convention, democrats, election, mp3, mp4, presidential, Republicans, speeches, trump, voting
July 18, 2020
As politicians and most of us in the United States (and probably world) debate how to live under the shadow of the Coronavirus pandemic, researchers, doctors and academics are flooding the Internet with studies and opinions both for and against opening up the country. Some have our best interest at heart … and likely some […]
Filed under: Blogs, Business, Health, Idioms, News, Politics by RichC | No Comments »
Tags: central, coronavirus, covid19, economic, fee.org, freedom, gcc, graph, idiom, idioms, karl marx, liberty, lock down, ludwig von mises, marxism, masks, new york, planning, Politics, prageru, shutdown, studies, sweden, youtube
July 15, 2020
The pandemic delayed April 15th Tax Day for Americans’ 2019 taxes is now upon us and for those who have not filed, you have until 11:59 tonight to do it … unless you request an extension until October 15th. We can try to wish it away like Dorothy in the Wizard of Oz, but as […]
Filed under: Financial, Idioms, News, Politics by RichC | No Comments »
Tags: ani gif, anigif, delayed, filing, foxnews, idiom, idioms, irs, tax day, taxday, taxes, wizard of oz
April 21, 2020
As the United States and the world prepare to open society in phases after well over a month of stay-at-home orders due to the Coronavirus, the debate between those who see the health risk as too high and those who fear a full on economic collapse (world wide depression) continues. Several states are seeing protests […]
Filed under: Business, Financial, Health, News, Politics, Video by RichC | No Comments »
Tags: congress, coronavirus, covid19, dr david katz, foxnews, herd immunity, icecream, mark levin, mp4, nancy pelosi, small business, stay at home, video, youtube
March 31, 2020
Although few of us really want to be tracking the exponential explosion of the COVID19 spread, a friend asked me if there was a preferred site to go to for updated information. I responded with CDC.gov or Department of Health here in Ohio as trusted sources, but then suggested that if he was like me, […]
Filed under: Health, Medical by RichC | No Comments »
Tags: bayview, cdc, charts, coronavirus, covid19, Health, hospital, katelyn, maps, News, ohio, oregon, prayer, promedica, reporting, reuters
March 22, 2020
We are definitely not the only ones praying a little bit more that usual nowadays while listening to those who are trying to help the country and world manage and get through the Coronavirus threat. I reluctantly worry about the elderly and less capable of fending for themselves especially if they have underlying health issue […]
Filed under: Archive, Memories, Movies, Personal, Photos by RichC | No Comments »
Tags: abrams, ada ohio, airventure, amazon prime, bookshelves, brenda, college, coronavirus, covid19, family, gas pump, motel, Movies, netflix, onu, painting, prayer, richc, spielberg, stay at home, streaming, super 8, super8, vacation
March 18, 2020
For those of us who in December thought this Coronavirus ‘thing’ was a Chinese story and not going to be a big deal here in America; we were wrong. COVID19 and the economic impact is being felt far and wide by everyone in the world. I still want to believe it will be short-lived and […]
Filed under: Entertainment, Health, History, Human Interest, Medical, News, Sports, Video by RichC | No Comments »
Tags: 1980, coronavirus, covid19, curve, film, flattening, herb brooks, hockey, miracle, miracle on ice, movie, olympics, quarantine, rob mcclanahan, youtube
March 14, 2020
It was a tiring week with the drip, drip, drip Coronavirus news and highly-reactive financial markets. Although frightening, investors rightly or wrongly responded with a selloff of historic proportions. The entire meltdown seemed more like hysteria and panic and had me wondering how our country and nation ever faced plagues, a weak economy due to […]
Filed under: Financial, Health, Medical, Photos, Woodworking by RichC | No Comments »
Tags: birds, bookshelf, bookshelves, brenich, coronavirus, covid19, ezpoxy, Financial, library, musicroom, paint, petit, projects, workshop
March 11, 2020
Although I suspect all the selling on Wall Street has to do with needed cash or the “sell and re-assess later” attitude, I’ve been puzzled that gold (usual safe haven) and utilities have been hit as well. Personally I thought these areas might balance exposure to industrials, tech and energy. Obviously not as Wednesday’s market […]
Filed under: Business, Financial, Health, News by RichC | No Comments »
Tags: bear, coronavirus, covid19, djia, energy, gold, nasdaq, recession, schwab, stock market, utilities, wall street
March 7, 2020
I’ve purposely put off posting anything to MyDesultoryBlog as the worldwide spread of the Coronavirus Disease 2019 (#COVID19) began. Partially since it is challenging to separate the unfounded fears and panic from the real threat since the reporting varies based on news sources (Information from China is particularly questionable but western media sources aren’t all […]
Filed under: Business, Financial, Health, Medical, News, Weather by RichC | No Comments »
Tags: 401k, be prepared, boy scouts, bsa, cdc, coronavirus, covid19, disease, flu, Health, idiom, idioms, infection, influenza, investing, ira, mortality, opinion, pandemic, precautions, retirement, savings, seasonality, trading, virus, who
February 6, 2020
It has been a shockingly mild winter, at least in Cincinnati this year. Generally I don’t put the snow blower on the John Deere 330 tractor until it is needed, yet this year I prepared early … and may have frightened the snow away? Having a winter without much snow is not totally unheard of, […]
Filed under: Advice, Energy, Environment, Personal, Photos, Science, Technology, Travel by RichC | No Comments »
Tags: alberta, aoc, biodiesel, biofuel, climate change, cuyahoga river, Environment, family, fire, glaciers, global warming, jasper, mark howard, panic, politic, pollution, Travel
January 18, 2020
While working on post highlighting the DJIA crossing 29,000, I realized that the stock market has blown through that milestone and is rocketing towards 30,000 and that I’ll have to start over (probably a “worry-wart” post is coming). One of the big contributors to this Dow Jones Industrial Average is Apple ($AAPL). It just continues […]
Filed under: Advice, Apple, Computer, Financial, Humor, News by RichC | No Comments »
Tags: aapl, advice, apple, charts, china, deal, djia, economy, financial markets, Humor, investing, News, notes, post-it, quote, stocks, trade, trading, usmca
January 11, 2020
Forgive me for being a bit redundant in worrying (again) about the hot tech stocks like Apple (AAPL), Google (GOOG), Facebook (FB), Amazon (AMZN), Tesla (TSLA) and Netflix (NFLX) among others as the Dow Jones Industrial Average flirts with 29,000 in mid-January 2020 (even a broken clock is right twice a day! ― Marie von […]
Filed under: Financial, Technology by RichC | No Comments »
Tags: aapl, apple, barrons, djia, election, etf, finance, investing, mutual fund, retirement, savings, stocks, trade, wall street
January 5, 2020
An interesting take on “inflation” and how different generations perceive the possibility of it accelerating in the next decade or so … and perhaps the effect it can or will have on our lives. For example, in the graph below, pick your birth year and note the color bars to determine how many years of […]
Filed under: Business, Financial, History, News by RichC | No Comments »
Tags: economy, gen x, gen z, generation, inflation, interest rates, washington post
December 27, 2019
Since I’m often asked what kind of fuel economy I’m getting on my slightly “tweaked” 2010 BMW X5 35d diesel SUV, here’s the yearly update from my log on Fuelly.com. Nothing to write home about, but then there have been far more local trips than the interstate driving a few years ago … besides, my […]
Filed under: Archive, Biodiesel, BMW, Diesel by RichC | No Comments »
Tags: BMW, diesel, driving, economy, fuel efficiency, fuelly, log, tracking, x5 35d
December 20, 2019
As the year and decade wind down, it is the time of year investors and financially prudent planners take note of their savings and retirement portfolios. Barron’s surveyed strategists who continue to expect “more gains ahead for U.S. stocks” with the caveat, “barring a jarring election or a derailment in U.S. – China trade.” So […]
Filed under: Financial by RichC | No Comments »
Tags: barrons, future, investing, investor, money, outlook, planning, retirement, saving, stock market
November 16, 2019
Here’s a WIRED article that made me think … although it has a misleading title line, even if that is what caught my attention and started me reading it. When does user-friendliness, algorithms and anticipatory artificial intelligence that is designed to help us make decisions, end up becoming "I don’t need to think at all" […]
Filed under: Archive, Business, Human Interest, Innovation, Misc by RichC | No Comments »
Tags: ai, algorithms, article, artificial intelligence, b-17, decisions, design, macintosh, steve jobs, user friendly, wired, ww2
October 31, 2019
When it comes to politicians making promises and pitching far fetched ideas nowadays, the sky is the limit. The current crop of Democrats campaigning for their party’s presidential nomination have lifted the “sky is the limit” to “space is the limit.” The sales pitches stretch from free tuition and education debt forgiveness to buying votes […]
Filed under: Politics, Video by RichC | No Comments »
Tags: campaign, cavuto, democrats, foxnews, health care, healthcare, joe manchin, medicare, medicare for all, mp4, Politics, president, presidential, primary
October 5, 2019
Most people recognize how polarized our country has become … thanks in part to politicians and the media fanning the divisive flames. I’m not sure why we fall prey to their tactics, but generating hate and dislike for each other does seem to work when it comes to building campaign war-chests and rabid supporters. I […]
Filed under: Environment, Human Interest, Politics, Video by RichC | No Comments »
Tags: conservative, debate, disagree, environmental, family, guns, liberal, mp4, polarized, Politics, progressive, video
August 5, 2019
Monday, August 5th, 2019 was not a good day to be long in the stock markets – WSJ update. I think we are often too complacent with investing and fall victim to the “stay the course” and invest for long run mentality. It is easy to forget just how painful market drops can be. Economist […]
Filed under: Financial, News, Politics by RichC | No Comments »
Tags: china, currency, devaluation, investing, markets, retirement, savings, stocks, tariffs, trade, trading, trump, wall street, yuan
July 24, 2019
As a conservation minded “conservative” and as someone who has always balanced the cost vs benefits of decisions, I once thought “recycling” was as simple as “not littering” and cleaning up pollution highlighted by the 1971 ad campaign (Iron Eyes Cody photo above). From an early age we were bombarded by pointing out how careless […]
Filed under: Audio, Biodiesel, Environment, History, Marketing, Politics by RichC | No Comments »
Tags: advertising, algae, biodiesel, china, climate change, co2, coal, crisis, democrats, earthday, Environment, epa, green, iron eyes cody, mp3, natural gas, new deal, npr, ocean, plastics, podcast, Politics, polution, recycling, Republicans
June 21, 2019
Taylor is my millennial antagonist when it comes to discussing politics, investing and both government and personal finances. We both enjoy debating, so it’s cool most of the time. He is also a product of his generation just as I am of mine. We view the role and expanse of government differently when it comes […]
Filed under: Business, Education, Financial, Politics by RichC | No Comments »
Tags: america, american dream, burn rate, capitalism, debate, debt, discussion, future, government, History, millennials, opinion, philosophy, Politics, socialism, taxes, taylor
May 7, 2019
In a discussion with my son Taylor last week, the subject of homeownership came up. He is single and currently rents, but like many millennials, hasn’t been in a big hurry to "put down roots" as have previous generations. On the other hand, being that his career is in "planning" and "economic development," regularly talks […]
Filed under: Advice, Blogs, Financial by RichC | No Comments »
Tags: case-schiller, chart, homes, house, housing, phrase, real estate, rent
May 3, 2019
You are not alone in wanting the Trump-Russia collusion story and investigation to end. Americans in both parties are tired of this investigation and "thought" that after finally getting the summary from the US Attorney General William Barr (right), and the release of the full $30 million Mueller investigation report (with security redactions), that it […]
Filed under: News, Politics by RichC | No Comments »
Tags: barr, collusion, democrats, investigations, mueller, obstruction, Politics, russia, trump
May 1, 2019
Those of us invested or following the stock market either with individual stocks, mutual funds or ETF index funds have to be pleased with the rebound in the economy since December 2018. The first quarter has rewarded those who remained invested (so as long as they have been diversified) for the long haul. Even with […]
Filed under: Financial, News, Politics by RichC | No Comments »
Tags: 401k, economy, Financial, investing, ira, markets, stocks, trading
April 4, 2019
It looks like Drew’s Tesla Model 3 will arrive just in time (he is currently waiting for delivery), in order to avoid Ohio’s additional 10.5 cent/gallon gasoline tax hike? This new increase will boost Ohio’s gasoline tax it to 38.5 cents per gallon; it is expected that Ohio’s governor will sign a bill which just […]
Filed under: Automotive, BMW, Diesel, Energy, Mercedes, News, Politics by RichC | No Comments »
Tags: 300d, BMW, dewine, diesel, drew, gas, gasoline, governor, license, mercedes, ohio, plate, tax, tesla, x5 35d
March 31, 2019
Great "Quicktake" explaination on Bloomberg. The Yield Curve Is Inverted! Remind Me Why I Care If you’re wondering what a yield curve is and why there’s so much fretting in the U.S. over it flattening — and parts of it even inverting — you’re not alone. Late last year, Google searches for “yield curve inversion” […]
Filed under: Archive, Financial, News by RichC | No Comments »
Tags: article, bloomberg, economy, finance, inversion, yield curve
January 18, 2019
The recent price increases rumbling through the economy are starting to be felt in the products we all use and have learned to appreciate. One of the services I’ll likely eliminate before the monthly price increase is the streaming service Netflix. We did this once before, but with all the new added content and lack […]
Filed under: Business, Computer, Entertainment, Marketing, Memories, Movies, Personal, Productivity, Software, Technology by RichC | No Comments »
Tags: adobe, budget, computers, email, expenses, magazines, mailbox, microsoft, netflix, overhead, reading, Software, subscriptions, tech friday, techfriday, ups
January 6, 2019
Last year, the chit-chat from Paul Elio was that production of the Elio was scheduled for the end of 2019 … far longer than any reservation holder had anticipated. I’ve remained confident and have ignored the doubters … but likely because I’ve put on an artificial blindfold to remain positive – who likes admitting they […]
Filed under: Automotive, Financial, Innovation, Marketing by RichC | No Comments »
Tags: automotive, electric vehicles, elio, elio motors, pickup trucks, SUV, tesla
December 2, 2018
Perhaps it is human nature to reflect on ones own personal shortcomings and selfish thoughts at the passing of another well remembered United States president? President George H.W. Bush (1924-2018) lived an amazing life in an amazing time to have been alive. His completed life reminded me of a verse in Ecclesiastes (see bottom of […]
Filed under: History, Millitary, News, Obituary by RichC | No Comments »
Tags: death, george hw bush, History, legacy, obit, Obituary, president, remembering
November 28, 2018
The Dow closed up 618 points on Wednesday after the Federal Reserve chief Jerome Powell indicated that "interest rates are just below the neutral level that neither aids or hinders economic growth." Investors looking for something positive as they wait hoping for some good news during the G-20 meeting between President Trump and China’s Xi […]
Filed under: Financial, News, Politics by RichC | No Comments »
Tags: congress, federal reserve, financials, government, interest, investing, markets, powell, rates, stocks, trump
November 13, 2018
After Monday’s selloff (see below), what lies ahead for the U.S. economy? That thought has some of seriously thinking the next economic downturn could come sooner rather than as expected … later. The sell off … "again" … has me wondering if we are prepared for the next recession? Is the U.S., or the world, […]
Filed under: Education, Financial, News, Politics by RichC | No Comments »
Tags: debt, economist, economy, federal reserve, fiscal, government, investing, markets, monetary, policy, recession, stocks, wsj
October 30, 2018
October is indeed a "scary" month for investors who are still hoping the bull market is not over … and perhaps just slowing? Earning for the most part are still good, interest rates aren’t "scary" high and the economy seems to be chugging along. Most who want work are finding jobs and employers are complaining […]
Filed under: Financial, News by RichC | No Comments »
Tags: ge, investing, markets, october, scary, stock, wsj
October 26, 2018
For those who watch the stock market, today was another one of those October trading days that can give one the willies. It was a reminder of the dreaded Octobers of the past and added to the steepest indices October decline since the 2007-2008 crisis. Still, the economy is sound, company earnings are good (tech […]
Filed under: Financial, Idioms, News, Politics by RichC | No Comments »
Tags: antifa, bombs, cesar sayoc, extremes, investing, mail, october, Politics, rhetoric
October 12, 2018
Q: Why am I not surprised to see U.S. stocks extend Wednesday’s ugly losses with more selling on Thursday? A: Because it is October! Well because the talking heads that “I listen to” point out just how strong our economy is and that corporate earnings are strong, consumer confidence high and the regulation and tax […]
Filed under: Financial, Photos, Politics, Weather by RichC | No Comments »
Tags: bonds, china, economy, federal reserve, finances, hurricane, investing, markets, rates, stocks, trade
October 10, 2018
EDIT: Updated 14:00-14:30 ET – Landfall Mexico Beach, FL with maximum sustained winds clocked at 145 mph Previous 11:28 a.m. ET update Hurricane Michael has been upgraded to a “potentially catastrophic” Category 4 storm, with maximum sustained winds of 150 mph, the National Hurricane Center says. Data collected by NOAA and U.S. Air Force Hurricane […]
Filed under: Energy, News, Video, Weather by RichC | No Comments »
Tags: diesel, economy, florida, fuel, gasoline, hurricane, michael, panhandle, peak oil, prices, storm, tropical
September 20, 2018
If the stock market is worried about another round of China tariffs, it sure doesn’t show it. Thursday saw the DJIA back to its record high from earlier this year. The S&P 500 did the same and even the Nasdaq was positive although off the higher record area earlier this year … but not by […]
Filed under: Financial, Politics by RichC | No Comments »
Tags: china, djia, economy, election, nasdaq, opinion, Politics, s&p500
September 1, 2018
Some interesting results using my birth town and the "number of 90 degree days" in a New York Times "tool" which I interpret as wanting to alarm us into action over the "human induced climate change" projections. If you haven’t already dug your heels in with an opinion (likely influenced by politics either way) … […]
Filed under: Energy, Environment, Nature, Politics, Science, Weather by RichC | No Comments »
Tags: carbon, change, climate, cooling, emissions, global, grain of salt, idiom, idioms, interactive, nytimes, warming, weather
August 16, 2018
I believed we called it the "way-back" … in both our Chevy Caprice Classic wagon and our Oldsmobile Custom Cruiser. The Olds looked very similar to the wagon in the photo! (from a collection of photos that Generation Z might not understand)
Filed under: Automotive, Humor, Misc by RichC | No Comments »
Tags: back-back, cruiser, custom, generation, olds, oldsmobile, station wagon, way-back
August 15, 2018
As much as I enjoy working on, owning and driving my inexpensive W123 diesel 300D project car (swapped junk for it in May of 2013), I’d love to have a Mercedes Benz diesel of the same 1970s-80s era with a little more collectability? I spotted a couple cool MBs this week, although I am not […]
Filed under: Archive, Automotive, Diesel, Mercedes by RichC | No Comments »
Tags: cars, collectible, john lennon, lapickup, mb, mercedes benz, pick up, truck, W115, W123, wagen
July 8, 2018
As the current bull stock market gets long in the tooth (average is 7 years, we’re now closing in on 9 years), financial analysts are beginning to write regularly about preparing for the next slowdown. Few are declaring it over at this moment, but most advise prudence as it comes to what investments are being […]
Filed under: Advice, Financial, News by RichC | No Comments »
Tags: $CVS, $PG, $XLU, barrons, bull market, cnbc, economy, inversion, investing, recession, trading
June 21, 2018
After 8 down days for the Dow, the beginning of summer has not been kind to investors hoping 2018 would be a bit more positive. With unemployment at near all time lows, corporate tax cuts, the economy rebounding and promising better wages … and even talks with North Korea going well, one would think optimism […]
Filed under: Financial, News by RichC | No Comments »
Tags: barrons, djia, finances, investing, slump, stock market, tariffs, trading, wall street
April 22, 2018
Ordered the book Rocket Men, The Daring Odyssey of Apollo 8 and the Astronauts Who Made Man’s First Journey to the Moon based on the author Robert Kurson and enjoying the writing style and content in his previous book Shadow Divers. If you enjoy history, space exploration, NASA and the heroic astronauts and scientist that […]
Filed under: Books, History, Space, Tidbits by RichC | No Comments »
Tags: amazon, Books, reading, robert kurson, rocket men, rocketmen
April 17, 2018
Have you filed your income tax return yet? 2017 returns are due today! While catching up on some reading while out of town this week, Jim Glassman, Head Economist at JPMorgan Chase, had me pondering (and tweeting) about the length of sustained growth that might be possible after the recession. He, and many others, have […]
Filed under: Business, Financial by RichC | No Comments »
Tags: Business, economy, Financial, growth, investing, jim glassman, jpmorgan
March 31, 2018
I’ve been around long see banking change from daily dealing with a local banker that I knew by name … who also knew me (and my business) by name … to just a drive up teller window or ATM to the latest technology of snapping pics of checks and tapping on a smartphone. I sort […]
Filed under: Audio, Financial, Misc, Technology by RichC | No Comments »
Tags: ach, audio, bank, banking, huntington, mp3, npr, overdraft, planet money
March 7, 2018
The long time investigative correspondent for CBS, Sharyl Attkisson did an excellent job of “fairly” building a timeline in the “Collusion against Trump” details on her website. If you really want to understand what we know so far regarding the Russian connections, it is worth at least skimming the points below. On a separate note, […]
Filed under: Archive, Blogs, News, Politics by RichC | No Comments »
Tags: collusion, dem, gop, investigation, russia, sharyl attkisson, thememo, timeline, trump
March 5, 2018
After President Trump’s bombshell about placing tariffs on US imported steel and aluminum last week (although he did suggest it during his campaign for president), comments made later made it sound like cooler heads may prevail — that … and the fact that many of President Trump’s advisors remained quiet or gingerly disagree. Speaker Paul […]
Filed under: Financial, News by RichC | No Comments »
Tags: djia, economics, indices, investing, nasdaq, stocks, trading, wall street
https://youtu.be/Rlu-a1lgeTo William Franklin Graham Jr. (November 7, 1918 – February 21, 2018) Adding a story that is fitting after reflecting on Billy Graham. I read it during my brief morning (usually evening) devotional and had me smiling as I remembered pre-NIV King James Bible reading as a teenager. This morning, I want to tell you a […]
Filed under: Faith, Obituary, Video by RichC | No Comments »
Tags: billy graham, christianity, death, evangelism, salvation, youtube
February 25, 2018
For frequent long distance flyers, give this airline reservation travel tip a try … We have never bought an upper-class seat; if ever we’ve flown anywhere up front, we’ve used miles to upgrade from economy. If you want to do that, call reservations and drop the name “revenue management.” The reason is that revenue management’s […]
Filed under: Aviation, Travel by RichC | No Comments »
Tags: airlines, bloomberg, flyer, frequent, revenue management
February 9, 2018
With the rapid drop in oil prices, and equal "10% correction" in the overall stock market, will improving wages offset by falling commodities (oil) cause the Federal Reserve rethink their concern that inflation is picking up? Current thoughts were that we could see three quarter point rate hikes in 2018 if the economy continues to […]
Filed under: Energy, Financial by RichC | No Comments »
Tags: chart, crude, economy, federal reserve, finance, interest rates, investing, oil, policy, stocks