April 2020

No, This is Not the Great Depression

The search term “the great depression” has spiked recently. People are worried, understandably so, that we are about to experience something similar to the worst economic calamity in modern times. I’m going to tell you why these fears are misguided. In 1932 there were roughly 75 million Americans over the age of 21. 11 million…

Their Rightful Owners

Unfortunately if the market continues to deteriorate, stocks will return to their owners, even if they have no rightful claim on them