The Bowtie Economist's Daily Dose of 70-Word Wisdom
CELEBRATORY COINCIDENCE
The first night of Chanukah always falls on the 24th of Kislev. But the Jewish calendar is a lunar calendar with leap months, so to keep months and seasons aligned over the last 50-years Chanukah has started as early as…
Read MoreTREE TARIFF
The Friday File: In 2023, Christmas tree prices spiked and peaked on Thanksgiving at $131. They then steadily declined and were down to $100 on 12/10, $80 by 10/18, $60 by 10/23 and $55 on Christmas Day. This means the…
Read MoreMARKET MADNESS
Markets slumped badly today for two reasons. While the Fed cut rates 25bps as expected, it plans to cut rates less in 2025, but don’t worry, this Fed will change its mind, it always does. Also, a stop-gap bill to…
Read MoreSACRIFICIAL STOCK
Amazon (AMZN) is worth $2.45 trillion, and Blue Origin, albeit not public, is probably worth $40 billion. Conversely, the Washington Post (WPO), unable to hire an Executive Editor for months and hemorrhaging talent and subscribers, is worth $4 billion. If…
Read MoreINFLATIONARY INCREASE
While existing inflationary pressures should weaken further, it’s proposed policies that may reawaken it. Higher tariffs will, even if only temporarily, raise prices. Similarly, tax cuts are likely to boost inflation as consumer spending and corporate investment increase, unless there…
Read MorePASSWORD PROBLEMS
The Friday File: With 2025 almost here, let’s resolve to improve the passwords we use. To that end, here are the ten most popular passwords, all of which should be avoided. #10 is abc123, then 12345, followed by (wait for…
Read MoreFINANCIAL FITNESS
Boomers define financial success as a salary of $100,000/year and net worth of $1 million. For Gen X, the numbers are $212,000/year and $5.3 million, while for Millennials they are $181,000/year and $5.6 million. However, for Gen Z, income is…
Read MorePRODUCTIVITY PERFORMANCE
While wage growth declined from 5.9%/year during 5/22 to 3.6%/year in 7/24, it’s since risen to 4%/year. While growth this high isn’t generally conducive to 2% inflation, a doubling of productivity growth to 2% makes it possible. The rise is…
Read MoreTIMING TROUBLE
While many equity investors try to time market tops and bottoms to improve returns, their results have only gotten worse since Covid. Between 1/1/2015 and 12/31/2019, market timing attempts across a variety of actively traded mutual-fund styles cost investors 0.53…
Read MoreRecent Posts
- CELEBRATORY COINCIDENCE 12/23/2024
- TREE TARIFF 12/20/2024
- TIP TOP 12/19/2024
- MARKET MADNESS 12/18/2024
- SACRIFICIAL STOCK 12/17/2024
Categories
- 70 Words (3,545)
- Articles (7)
- FEATURED (3)
- MEDIA APPEARANCES (37)
- Uncategorized (6)
Archives
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- January 2005
- March 202