Monthly Archives: August 2014
There was an excellent article in the back pages of today’s Wall Street Journal titled “Yes, You Can Time the Market.” It detailed a method of determining when market fundamentals are too frothy, and how to re-adjust one’s stock holdings versus bond holdings. The author focuses on the Shiller P/E ratio for the S&P 500, which currently stands at a rather high 26.31. For comparison’s sake, right before “Black Tuesday” in 1929, the ratio stood at 30, while during the … moreComments Off on Market Fundamentals as ‘Market Timing’?
“Goraikō” means dawn in Japanese – not just any dawn, but the unique and all-encompassing kind that you experience from Mt. Fuji, for example. I titled my just-published book Goraikō: Japan’s National Security in an Era of Asymmetric Threats, after that unique dawn because the Japanese experience over the past twenty-five years has been gradual yet, ultimately, dramatic. Missile threats. Terrorist attacks using biological and chemical weapons. Mass hostage-takings. Foreign special operations infiltrations into territorial waters. State-sponsored kidnappings of Japanese … moreComments Off on Goraikō
My young son loves to be read “Baby Listens,” written by Esther Wilkin in 1960. It’s a “Little Golden Book Classic” edition now. It’s very lyrical. The first main page of the story shows a baby entranced by an old alarm clock. “Tick tock tick tock, that’s the sound of baby’s clock…” goes the book. That’s what immediately came to mind when I read the annual Board of Trustees’ Report on Social Security and Medicare, and the CBO’s latest long-term … moreComments Off on ‘Tick Tock Tick Tock That’s the Sound of Baby’s Clock…’