finances

Please Stop, There’s No Such Thing As a “Bubble”

From the earliest days of RealClearMarkets (2007), “bubble” has rarely reared its empty, utterly meaninglyess head in headlines. What was true about “bubble” in 2007 remains true today. What never made sense can’t later be revived as sensible. Bubble is ludicrous, the stuff of attention and click-seekers eager to attract readers in the way that “Paul […]

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The Crucial Difference Between High W-2 Income and Equity Wealth

Fairfax (VA) and Montgomery (MD) counties are routinely at or near the top among U.S. counties on the matter of per capita income. The politically focused use the latter for political purposes. Get it? Federal government workers and workers adjacent to the federal government earn a lot of money. The income statistics are disturbing,

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