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“Luffing” is a tactic that can be used. Luffing is the act of turning the bow of the sailboat upwind (windward) in an effort to reduce speed! (one could also ease the sheet controlling the sail past “optimal” trim allowing air to flow over the sail creating the luff). The more your vessel is positioned heading directly into the…
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“Inflation remains elevated, with a short term set up to the disinflationary side over the next few months … and growth is sending mixed signals, with quite a bit of uncertainty out of Washington, especially pertaining to labor markets … what was most probabilistically a stagflationary investing environment has (at least for the short term) pushed into a disinflationary…
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Luffing I grew up in a small little lake community within a much larger town in northern NJ by the name of Wayne Township. When one mentions the township of Wayne to an outsider, you’re often met with the response, “I know Wayne, it’s the one that always floods”! Yes, there is an EXTREMELY small portion of lower Wayne…
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More of the same! This month we’re going to get right into things, for as the title of this section suggests … we’re currently seeing similarities to what we’ve been writing month over month, so we’re not going to bore you in being a broken record. At the same time, there are definitely some things worth noting … so,…
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“Whoopsies … did Jay Powell just signal yellow lights/proceed with caution on rate cuts to Wall Street?!” ~ OSAM 11/30/24 The truth often hurts This opener will more than likely win me zero popularity contests, at the same time, there were few other thoughts that came to mind in order to succinctly illustrate my point. Do you think your…
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Bullies “Here’s the thing: I can’t remember a time where the Fed’s forecasts were accurate, the “dots” are literally perpetually wrong! At the same time, in his most recent press conference, Fed Chairman Jay Powell not only would NOT commit to cuts but stated they would raise rates if inflation doesn’t reach their 2.0% target. That being said, how…
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“The more things change … redux! In November of 2019 we opened with the adage, the more things change, the more they stay the same. We wrote: “Lately, I feel like I’m on a treadmill running up hill, for as different as the catalyst which pops a bubble always is, it’s as much the same (a bubble) … and…
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Passing the torch… “You are the accumulation of everything you have learnt from your mother and father, and a whole lot more you have added yourself. You now need to take that and lead the family. You’ve got this! It’s shit. Do the best job you can do.” Last monthly (August 31, 2024) we shared with friends, clients, and…
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Family Matters… If you’re a product of the 1990’s, reading those two words might spawn flashbacks of Policeman Karl Winslow, his family and the “nerd” who lived next door, Steve Urkel and his well-known … “did I do that?!” in his patented squeaky tone. Long time readers know that these monthly notes are an expression of who I am….
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“It’s pressure like a drip, drip, drip that’ll never stop, whoaPressure that’ll tip, tip, tip ’til you just go pop” ~ Jessica Darrow (Disney Music, Encanto) Surface pressure Earlier this week, a select few visitors at Yellowstone National Park witnessed what’s known as a hydrothermal explosion, which occurs when a massive buildup in pressure of nearly boiling water beneath…
