MONEY

 money icon


Some historians write that the 1970’s was Britain’s gloomiest period since WWII.  As so often happens, pop culture reflects the mood of the times.   In 1973, the Progressive Rock band Pink Floyd released their highly acclaimed “The Dark Side of the Moon” album.  On that album was the timeless song …Money.  This iconic song begins with that all too familiar sound of a cash register.


Money (The important lines only)
Get away
You get a good job with more pay and you're okay
Money
It's a gas
Grab that cash with both hands and make a stash
New car, caviar, four star, daydream
Think I'll buy me a football team
I'm alright, Jack, keep your hands off of my stack

Don't give me that do goody good BS
I'm in the high-fidelity first-class traveling set
And I think I need a Lear jet
It's a crime
Share it fairly, but don't take a slice of my pie
Money
Is the root of all evil today
But if you ask for a rise
It's no surprise that they're giving none away

INFLATION!  It is back and here to stay.  It appears that we have progressed into the next phase and that is wage inflation.  With ultra-low unemployment and a higher cost of living, labor unions have decided to make a stand.  We have witnessed small scale strikes at a few Starbucks locations to major strikes with the UAW.  Strikes and new contracts will continue to put pressure on companies, the fight for employees and the cycle of wage increases may persist.

read more icon


Popular posts from this blog

Listen to the Music

Image
In the ’70’s, Michael McDonald and The Doobie Brothers released a number of great hits.  One of those hits was “Listen to the Music” which was released in ’72 on the Toulouse Street album.  This ties in with our theme for this newsletter where we are suggesting that you listen to the Markets. Don't you feel it growing, day by day People getting ready for the news Some are happy, some are sad Oh, we got to let the music play What the people need Is a way to make 'em smile It ain't so hard to do if you know how Gotta get a message Get it on through Oh now mama, don't you ask me why Whoa, listen to the music Whoa, listen to the music Whoa, listen to the music All the time Well I know, you know better Everything I say Meet me in the country for a day We'll be happy And we'll dance Oh, we're gonna dance our blues away While it may appear to be February 2nd (Movie reference:  Groundhog Day), every day as the AI (Artificial Intelligence) craze continues to dominate...
Read more

How will ESG Impact Your Investments

Image
Davos, Switzerland is small mountain village with a population of 11,000 people.  Most Americans are not familiar with Davos.  Why is this little ski resort so important? Each February the Ruling Class – bankers, business leaders and the global elite – descend upon Davos for the World Economic Forum (WEF) hosted by the World Trade Organization (WTO). These are the central planners and “thought leaders” of our time, and they are responsible for many of today’s social policies. They discuss important topics such as climate change, “global society”, and monetary policy.
Read more

De Do Do Do, De Da Da Da

Image
  From the álbum Zenyatta Mondatta, the British trio, The Police break into the Billboard Hot 100 with this song.  Sting claims that it is their most misunderstood song.  I must admit that I never really listened to the lyrics over the past 40 years until I searched for a title for this article and this song played on WNKO. The song cautions us on how we use and interpret words.   As Robert Plant shared with us, “Sometimes words have two meanings”.  2024 could be a very interesting year for the markets and leave a profound influence on 2025 and beyond. Just think about the second verse about Poets and ‘our’ politicians.  The policies at the Department of Treasury are likely to shape our market in ways that we haven’t seen in markets of old. It is a Presidential Election year, and the gloves are off. What does the Federal Reserve do? The Fed role in society is to manage inflation and employment.   One of the ways the Fed accomplishes its manda...
Read more