

The Prudent Perspective – Q2 2023
Deep down below the surface of the average conscience a still, small voice says to us, something is out of tune. – Carl Jung A
Deep down below the surface of the average conscience a still, small voice says to us, something is out of tune. – Carl Jung A
“Hell on Two Wheels, Until the E-Bike’s Battery Runs Out.”
In just the last few years, many local communities are coping with a uniquely 21st century moral hazard created by the pandemic: youth on e-bikes.
Among the multitude of new buzzwords that proliferated in 2022, one that has been quoted with particular frequency in business parlance is the term, “hard landing.”
A few years ago, Epicurious invited 50 people into their studios to attempt at cracking a walnut. The participants engaged a wide range of tools and devices—hammers, knives, mallets, meat tenderizers, screwdrivers, and fingers were all painstakingly employed to try to crack open these hard shells.
In sports, match momentum is tracked not by the current score, but team managers track the number of shots on goal and time of possession, on-base percentage and walks/hits per innings pitched, rebounds and turnovers.
In mid-1979, oil prices more than doubled within twelve months. The forces that fed into the dangerous concoction that spawned the Energy Crisis included an exceptionally accommodative Federal Reserve that had kept rates low to combat a previous recession, a global surge in oil demand from a booming world economy, and a geopolitical conflict that drastically reduced oil output.
I’ve been down this road beforeAnd yeah I skidded but forget it.~ Drake Familiarity Breeds Acceptance 12 months ago the world exhaled a collective sigh
For the last year and a half, concerned about the US economy’s ability to sustain itself through a catastrophic pandemic, the Federal Reserve placed training wheels on the US monetary system that came in the form of a zero interest rate fed funds target and a quantitative easing (QE) program that involved the purchase of $120 billion of treasury and mortgage bonds monthly.
After closing the first half of 2021, we are beginning to get a glimpse of some of the unintended consequences that may lie ahead following the unprecedented measures taken to address a once-in-a-century pandemic.
Normal is an illusion.What is normal for the spider is chaos for the fly. Morticia Addams Changes in the Patterns The concept of normality is