CURRENT NOTES
Monthly Note
- December 2024: Eventually, the TRUTH always comes out! (1/1/2025) - “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 spouse would react more favorably to statements such as: you look stunning (or handsome!) That dress (or outfit) looks beautiful/dapper on you! All of that time you’ve been spending working out is really paying off, you look fantastic. Do you have… Continue Reading
Quarterly Report
- Q3 2024: The more things change: redux!!! (10/31/2024) - “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 yet, we’ve learned nothing. The mindset and attitudes of investors tend to be very predictable.” As was the case then, we had moved through a period of time in which the Federal Reserve attempted to increase rates off the “zero bound”… Continue Reading
