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Nomads-Getting-Restless-Bob Davis Podcast 1104

Nomads Getting Restless

Nomads getting restless. It’s said restlessness is caused by anxiety. When nomads are getting restless it’s wanderlust. Details in Nomads-Getting-Restless-Bob Davis Podcast 1104.

Pace of Travel

Certainly the pace of my travel has changed since my first year as a nomad.

Indeed this year I spent 8 months in the desert.

And due to family stuff I have now spent almost four months lakeside in Western Wisconsin.

Winter To Spring

On the positive side I have been able to experience winter to spring…

To Summer

And now Spring to summer…

Lake Side

Here on the shore.

Ready To Travel

But now I am getting restless.

That is to say I am ready to travel.

Change

Therefore it’s a great opportunity to talk about how my travel has changed over the years.

Back and Forth

For example in the first year of full time nomad life I barrelled back and forth across the country.

Border To Border

To say nothing of my trips to the Northern and Southern US Borders.

Experiential Desire

These days I am thinking I want my travel to be a little more experiential.

Bucket Lists

Comparatively many travelers hit all the national parks.

Or every major league baseball field.

People and Places Are My Jam

By comparison I’d like to find different places and people.

Colorado

For instance a town I visited in Colorado last summer with people trying to live a different way.

New England

At the present time though I’m planning a trip to New England from Western Wisconsin.

Travel Preparation

Leaving in about a month.

Still Some Time

All in all I still have some time left.

Travel

Finally I talk a lot about travel and the travel experience.

The Drive

And I love to drive.

To Learn

To explain a little further, one of the reasons I do this to learn more about America.

Avoid Judgements

By the same token one of the things I’ve learned is to avoid categorization and judgement when it comes to the places I’ve been and the people I’ve met.

Whole World

To sum up we nomads know there is a whole world out there.

Opposite Of Anxiety

Hence our restlessness is the opposite of anxiety.

We can’t wait to get out there.

As much as we love hanging out lakeside.

Sponsored by 36LYN The Independently Owned And Operated Refueling Station in South Minneapolis

Nomads-Getting-Restless-Bob Davis Podcast 1104

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Give-It-Up-Have-It-All-Bob Davis Podcast 1103

Give It Up To Have It All

Give it up to have it all. Some people see how rich and free nomad life can be and wonder how it can be. I’ll tell you in Give-It-Up-Have-It-All-Bob Davis Podcast 1103.

Life Coaches

Certainly these days the life coaches and self help gurus like to tell us how to live our best lives.

How To Have It All

As much as they tell us how to have it all…

What Coaches Don’t Tell Us

In contrast they don’t tell us what we have to give up…

To have it all.

Lakeside

Presently I’m staying lakeside.

Summer’s Arrival

That is to say I get to experience the summer’s arrival in a way that all the other cabin owners up here might not be able to.

Life Back In The World

One of the things it’s important to realize is how complex and overwhelming life ‘back in the world can be’.

Lists And Shopping Trips

Such as lists and shopping trips.

Worry

And worries about money and jobs.

Nomad Life

On the other hand nomad life can be surprisingly ascetic.

Not Luxurious

Certainly nomad life isn’t luxurious.

Overlooked

In other words what we give up to have this freedom is often overlooked.

Count My Blessings

Therefore I’m taking this placid late spring early morning in front of the fire to count my blessings.

Share

And to share what I gave up…

To gain it all.

Contemplating Change

Although long time listeners will think of some of this as a review I think it’s worth thinking about regardless of what kind of change you’re contemplating.

Nevertheless you may be hesitating.

Firstly remember what the self help gurus say about having it all.

Jump

Secondly close your eyes and jump!

Final Analysis

In the final analysis I wanted to live an unorthodox lifestyle.

To sum up in order to achieve that…

I had to let it all go.

Wow

All things considered I never expected people to say wow…

You have it all.

But I kind of do.

Worth It?

With this in mind I didn’t really understand what I was giving up when I jumped.

But I do now.

And it was worth it.

Regrets?

In fact every now and then I might have a little bit of regret.

Balanced against what my life would have been like.

New Dimension

I’m glad I chose a new dimension.

Give-It-Up-Have-It-All-Bob Davis Podcast 1103

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Nomad-Dollars-Sense-Part2-Bob Davis Podcast 1102

Nomad Dollar Sense Part2

Firstly to focus on nomad dollars and sense in Part2 we’re going to be talking about leading economic indicators. Details in Nomad-Dollars-Sense-Part2-Bob Davis Podcast 1102. For references to details in this podcast listen to Part1 of this series and Bob Davis Podcast 1069.

Don’t Be Afraid Of Numbers

Secondly I use a few numbers.

Data Links With Charts

Therefore I’ll be posting a series of links to the data and charts for that data here.

Because we all know charts often make raw numbers a little clearer.

Not Just Reciting Numbers

However listeners and subscribers should know I’ve worked very hard to keep from just reciting numbers.

Context and Relevance

That is to say that where ever time permits in Nomad-Dollars-Sense-Part2-Bob Davis Podcast 1102 I’ll explain the context and relevance of an indicator.

Most importantly these leading economic indicators do not suggest a healthy economy.

Certainly things could change to the better…

Look Beyond Main Stream

But for the time being we would all be better served to look beyond the mainstream and main street story.

Leading Indicators

To begin with here’s a link to the conference board’s leading indicators.

Hours Worked

And hours worked by Americans nationally.

US GDP

Here’s the GDP numbers for the United States.

Consumer Price Index

And the Consumer Price Index.

Rents Headed Down

More importantly when it comes to rents, take a look at the Zillow Rent Index.

Especially relevant here is the fact that thousands of apartments are being built or coming on line at this time.

Moreover while that’s better for renters it’s not good news if you just bought an apartment building.

In addition this is a number which speaks to inflation overall which still shows shelter elevated.

Producer Price Index

Even more when it comes to inflation the PPI is a better forward indicator of economic growth than the CPI.

Inflation Disinflation Deflation

To sum up these are just some of the data that suggests we’re moving pretty quickly through the inflation, disinflation and deflation sequence.

CRE Loans

Again on consumer and commercial real estate here’s the commercial real estate loan application chart.

Commercial Real Estate Defaults

As an aside commercial real estate defaults are at a fourteen year high.

Mortgage Applications

And mortgage loan applications are down significantly.

Case Schiller

Finally the Case Schiller Home Price Index has been contracting for while and is now dropping. This is the first decline in several years.

Manufacturing

Equally important are the manufacturing numbers.

Oil

Correspondingly the commodity of oil is not following the rosy predictions of the International Oil Agency.

Corporate Profits Already In Recession

As an illustration the American Consumer is also not cooperating …corporate profits are in a recession.

Consumer Credit

Another bell weather is total consumer credit.

Consumer Credit Interest Rates Eating Us Alive

And average consumer credit rates are more than 23 percent these days.

Baltic Dry Is Dry

Furthermore when it comes to transportation costs the Baltic Dry index for the far east has deteriorated significantly.

Real GDP

Another indicator is Real GDP.

Money Supply

By all means the most important indicator and noteworthy metric is the actual money supply.

Again this is not a robustly healthy economy.

To be sure if it was I wouldn’t have to do this podcast series.

Economic Cycles Are Not Synchronized

All things considered Doctor Lacy Hunt’s views on the economic cycle are salient. Watch this video.

In conclusion there’s a lot of data to unpack.

Looking Closer

But looking closer might be the best thing we can do for ourselves right now.

Sponsored by Ryan Plumbing and Heating of Saint Paul

Nomad-Dollars-Sense-Part2-Bob Davis Podcast 1102

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