Monthly Archive for: ‘January, 2014’

Tulip Bulbs

Bitcoins and Tulip Bulbs…

Someone asked me the other day, what I thought about bitcoins as a possible investment.  I chuckled, and responded with only two words, “tulip bulbs”. While the real financial impact of “Tulip Mania” in mid-seventeenth century Holland is subject to widespread debate; it is undeniable that it was one of the most foolhardy examples of speculative excess in economic history. …

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Nun With Ruler

Put Your Hands On The Desk Please!

In our last blog posted in October, we forecast a dramatic slowing of economic growth for US economy.  We believed that ObamaCare, with its onslaught of higher premiums, deductibles, and taxes beginning on January 1, would adversely affect consumer expenditures during the critical holiday retail season. Our concern about fourth and first quarter GDP was predicated on declining consumer confidence …

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