When it comes to horse racing, there’s a lot of “WTF!!” moments to those throwing their once “Sure thing!” betting tickets at the ground when the announcement reveals their horse wasn’t the winner in the photo finish. But closeness doesn’t win in horse racing – only Horseshoes. As I type this on Thursday, before the…
I’m going to go down the road of analogy here, for there’s really not much to say pertaining to “insight” or anything else for that matter, other than amazement. Let me explain.. The year is 1973 and the zeitgeist of my late spring was watching the Kentucky Derby. My family was involved in the horse…
The other day I wrote the following in a note regarding the Federal Reserve and its political bias as I see them and Mr. Powell’s public defense of why it’s not what I portend. To wit: “The issue that this also creates for the Fed is that with nearly every other central bank around the…
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