All Blog Posts

February 23, 2021 by Matt McCracken
There is considerable chatter about inflation coming home to roost over the next several months to years. And we have addressed the inevitabilty of price inflation for some time on this site. When the media talks inflation, what they are talking...Read more
January 12, 2021 by Matt McCracken
Corn, wheat and soybeans all experienced a considerable move higher today, with corn trading limit up, as the USDA reported much lower inventories than expected. The USDA is saying several grains saw a record drop in yields. For quite some time, I...Read more
Grandpa carrying his grandson on his shoulders
October 29, 2020 by Matt McCracken
If Biden wins on Tuesday, it could have a big impact on the Estate Tax issue. Making headlines is his promise to roll back the lifetime gift exemption from its current $11.58M to $5M per individual. Granted, while this may impact the Treasury’s...Read more
October 20, 2020 by Matt McCracken
This morning, CNBC posted an article titled, "Why Russia - and Putin - might be worried about a Biden presidency?" The article points out several events that have not endeared Russia to the Democratic party. I think we may need to consider flipping...Read more
Oil rigs in West Texas
October 9, 2020 by Matt McCracken
Over the past couple of weeks, my capitulation signal indicator (CSI) has been going off for energy stocks. Just in the past week, we bought CVX, KYN and PBR. It also generated buys on IYE, MMP and SLB but I didn't take them but I may in the coming...Read more
September 30, 2020 by Matt McCracken
I didn't watch the debate last night, yet I have read several reports stating it was quite a fiasco. I deliberately refrain from watching these events because I want to remain as unbiased as I can. While I have an obligation to my country, I feel a...Read more
$100 bills
September 24, 2020 by Matt McCracken
The headline reads: Economist Stephen Roach issues new dollar crash warning, sees double-dip recession odds above 50%. I pay considerable attention to the USD. A cornerstone of our investment thesis is that the strength of the USD underpins every...Read more
August 27, 2020 by Matt McCracken
BAD NEWS FOR RETIREES!...especially those living on a fixed income. Fed Chairman Jerome Powell made a highly anticipated announcement this morning the FED will make a significant shift in their approach to keeping a lid on inflation. In practice,...Read more
Edward Jones Logo
August 19, 2020 by Matt McCracken
In the most recent issue of our local newspaper, The Horseshoe Bay Beacon, an article was printed from Edward Jones titled, " How Can You Help Lower Your Longevity Risk? ". I thought I may weigh in on the topic since "making your nest egg last a...Read more