Who knew running for president could be so good for business? — One of the first things I learned as a trader was that you never tell a client, “ I told you so.” Regardless of how accurate my advice may have been, rubbing my unheeded but correct call in a client’s face was just bad form. Hopefully, newsletters aren’t subject to…

A much-needed departure from the depressing grind of analyzing current events — My style of writing requires combing through reams of media. Even opinions in opposition to mine are helpful as I attempt to separate fact from fiction. The “process” I have, for lack of a better term, includes pouring over economic data, political opinion pieces, research on governmental policy, and, lately…

The Supreme Court’s conservative majority wants to return us to a past that never actually existed. — Not long ago, the U.S. Supreme Court held the belief that centuries of enslavement of Black Americans followed by decades of Jim Crow laws were fundamental wrongs in need of remedies. Regardless of political persuasion, the Court’s justices held the opinion that segregated lunch counters and “separate but equal” laws…

LIV Golf’s deal with the PGA Tour is about a lot more than sportswashing — How about this for irony: LIV Golf, the upstart league that sued the PGA Tour, accusing America’s premier golf league of operating a monopoly, just agreed to help create an even bigger monopoly. PGA Tour Commissioner Jay Monahan would have us believe the deal is more of a partnership agreement…

A few thoughts on America’s original sin — Because of the South’s history of enslavement and Jim Crow segregation, there is a general perception that the country’s racial problems only exist in the land of Dixie. But as Reverend Martin Luther King, Jr. learned during the Civil Rights Movement, reality tells a different story. Not long ago, I…

How manufactured crises convince the GOP base to act against their own self-interest — The other day, I was talking to someone about the film Blazing Saddles, Mel Brooks’s satire from the 1970s. After reflecting on various parts of the film, we agreed that, although the movie is genuinely hilarious, its brand of comedy would have difficulty being greenlit today. …

President Biden could learn a lot from how Michael Corleone responded to threats — I’ve watched Francis Ford Coppola’s The Godfather: Part II more times than I care to admit. If I’m being honest, I consider Coppola’s sequel to The Godfather not just one of the best films in its genre but one of the greatest films ever made. Part of the price my…

Remembering the bank founded by Jackie Robinson and how regulators dealt with its demise — This month, the Federal Deposit Insurance Corporation announced its seizure of New York’s First Republic Bank. The bank’s failure was second only to that of Washington Mutual’s collapse amid the 2008 financial crisis. As was the case with Washington Mutual in 2008, JPMorgan Chase stepped in to purchase First Republic.

Revisiting Supreme Court posts from The Journeyman archives — With the Supreme Court back in the news of late concerning a variety of issues, here’s a recap of some of my previous posts on the high court. Hopefully you’ll find this a helpful refresher. On stolen court seats Conventional wisdom suggests that Senator Mitch McConnell’s decision to block then-president Barack Obama’s appointment of…