Plus, the Fed’s Continued Newspeak on Inflation Welcome to your Sunday digest…my weekly breakdown of the things we’re thinking about and talking about in the Global Intelligence world. First up, this week…China. In September, China’s manufacturing purchasing managers index fell to 49.6. The PMI is based on surveys of senior executives across a swath of sectors and is a key indicator [Read More] …
Why I’ll Be Turning Down Uncle Sam’s Cash for 8 Years
Just what I needed…on a day when my knees and back are hurting, a reminder of my inevitable decrepitude lands in my inbox. Yippie. To be clearer, my annual Social Security benefits statement just arrived. At full retirement age—67 for me—Uncle Sam will send me $2,872 a month until my oxygen subscription expires. If I wait three [Read More] …
My Totally Unexpected $1,000 Payday From Hollywood
The Benefits of Pursuing a Stupid Dream It’s not an Oscar or an Emmy, but I’ll still take it. I awoke a couple of weeks ago to an email congratulating me on winning the grand prize in a screenwriting competition. The award was for a romantic comedy I completed earlier this year. I was surprised. The script had been doing [Read More] …
Why Uncle Sam Will Come Around on Crypto
The Horse Is Out of the Barn I come to today’s dispatch by way of a reader named Patrick. Patrick asked what might just be one of the most relevant questions today in crypto. Take it away, Patrick: I’ve read your views on bitcoin and crypto in general and agree with much of what you say. [Read More] …
My Predictions for Congress and the Stock Market in 2022
Time to go way out on a thin limb. We are just over a year away from the 2022 mid-term elections that will see a host of Congress-folk up for re-election. Here’s my two-pronged prediction: The Democrats lose Congress. The stock market has a pretty good last quarter of 2022. Let’s start with the Democrats…(and, by the way, this isn’t political; it’s [Read More] …