Stock Market Wealth

We’re in the thick of it now.

For the past month, I’ve been training on a Formula 1 driving simulator.

Are these banking crises leading us into a recession? The market doesn’t seem to think so, but the markets also didn’t see SVB coming, with Moody’s ranking it as one of the best banks in America and Forbes featuring it in a glory piece.

Okay, so you remember the chart I keep showing you about rate hike / tightening cycles?

In 1945, the Americans kicked off an 18-year period of nuclear tests, which included lots of explosions, bombings and, I can only assume, scientists and Deep State nutjobs playing God on the taxpayer’s time.

Okay, FED, I think we all understand by now that you’re serious about squashing inflation. Are you similarly serious about finding out why inflation persists, even though you’ve raised it to a point that America’s housing industry is frozen?

“That’s right. We don’t submit to terror… we make the terror,” – Francis Underwood, played by Kevin Spacey, in the TV show House of Cards, used this line to justify how U.S. interests deflect from troubles at home during election years. It gives us a genuine glimpse into how decisions are truly made in the highest echelons of government.

Five floors below me in the building lives Israel’s only Formula 2 driver. A few months ago, while I was training at our gym, he showed up as well. I didn’t know who he was, but he started running on that treadmill like Julia Roberts in “Conspiracy Theory.”

Two companies won the contract to design and manufacture the new NASA spacesuits, because the old ones were designed nearly half-a-century ago and have become obsolete and even dangerous.

Yesterday, I sat in a room filled with family offices and advisors to pension funds and insurance companies and heard a presentation about the world’s largest fund of its kind, founded by a British billionaire.