Nomad-Dollars-Sense-Part1-Bob Davis Podcast 1101

Nomad-Dollars-Sense-Part1-Bob Davis Podcast 1101

Nomad Dollars And Sense

To begin with I am going to do a series of podcasts discussing dollars and sense for the nomad. Nomad-Dollars-Sense-Part1-Bob Davis Podcast 1101 is the first in that series.

Preconceptions

Most importantly Part1 deals exclusively with our preconceptions about what exactly “The Economy” actually is.

Updates Podcast 1069

And this podcast series updates earlier comprehensive podcasts about the economy and the nomad.

In fact this is necessary because I want to deal with specific metrics in the second podcast in this series.

Business Coverage

Most importantly the reality of business news coverage these days is mostly political.

Or it is alarmist.

No Overlay

That is to say if you overlay a political or religious template on economic information you lose the ability to analyze what is going on.

Force Of Nature

Certainly the overall world economy is a force of nature.

In other words a force similar to waves on the ocean.

Therefore making predictions about outcomes is extraordinarily difficult.

Misinformation

And our modern information channels are filled with misinformation.

Charlatans

In addition there are many charlatans spreading misinformation for their own purposes.

Context

I have also learned it takes a long time to get comfortable with terms and context when it comes to financial markets and economic discussions.

My Story

Firstly I’ll tell you a little about my story as a nomad and how I became intensely interested in this subject.

Secondly I’ll tell you why I think the economy in general is at an inflection point.

And what that all means.

Podcast Series

Nomad-Dollars-Sense-Part1-Bob Davis Podcast 1101 sets up the next podcast which will deal with the key data in the economy I have learned to look at.

Finally it comes down to whether you are Pollyanna or a Cassandra.

Moreover why so many main street business owners are in fact Pollyanna.

And why they’re missing the latest economic data which could signal what is just head.

To sum up the nomad wonders when fuel prices will collapse.

And when food prices will come down.

Even more the one hundred and eighty million Americans who aren’t millionaires and billionaires wonder when they will get a break.

The answers to those questions begin with a baseline for a dollars and sense evaluation of conditions as they are.

Sponsored by Garden Gurus MN

Nomad-Dollars-Sense-Part1-Bob Davis Podcast 1101

 

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The-Politics-Of-Panic-Bob Davis Podcast 910

The-Politics-Of-Panic-Bob Davis Podcast 910

Pandemic Panic

Time to talk about Panic. Especially the politics of panic. What does the word ‘panic’ mean? All that and more in The-Politics-Of-Panic-Bob Davis Podcast 910.

Fourth Podcast About Coronavirus

First of all this is the fourth in a series of podcasts on Coronavirus.

If It Bleeds…It Leads

I certainly did not intend to do a series on Coronavirus. However it’s rise to an official pandemic is most noteworthy.

Ladies and Gentlemen, if it bleeds it leads.

Four Podcasts Anticipating Current Events

Even more these podcasts have anticipated effects in the markets.

Right now the questions are, how bad will it get and what will the political effects be.

Enter the word ‘Panic’

If you are interested in real statistics regarding the spread of Covid-19 you believe ‘fake’ news.

Try to prepare by doing something you think might help your family? Panic.

Moreover media covering the story are automatically guilty of panic if they don’t parrot the party line, which apparently is this is not very serious.

In addition statements made from the White House in an attempt to damp down concern are often contradicted almost immediately.

Blame Everyone

Blame the media. Or China. Say the democrats are making a big deal out of this.

Blame the president for his off the cuff style and colorful language.

He blames CNN and the previous president.

Let’s not forget social media because it brings out the worst human instincts at times like these.

Learn more in The-Politics-Of-Panic-Bob Davis Podcast 910.

This Ain’t No Party

Finally one wonders whether we are truly panicking.

This Ain’t No Disco

Selling stock because the market is going down isn’t necessarily panic.

This Ain’t No Time For Fooling Around

Buying toilet paper may seem silly but it hardly qualifies as panic.

Measured And Careful Response

In conclusion Covid-19 is now a worldwide pandemic. That is officially a serious problem.

It’s reasonable to suggest a serious problem requires a measured and careful response that doesn’t minimize, spin, or denigrate people who are concerned about it.

Economic and Political Effects Snowballing

A measured and careful response is even more important as economic effects snowball and markets are effected.

I don’t think people trust the government anymore.

Can you blame them?

Oh right…you can!

Sponsored by Reliafund Payment Processors

The-Politics-Of-Panic-Bob Davis Podcast 910

 

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Blood-In-The-Streets-Yet?-Bob Davis Podcast 909

Blood-In-The-Streets-Yet?-Bob Davis Podcast 909

Blood In The Streets

First of all the phrase ‘blood in the streets’ means you buy when everything goes to hell, learn more in Blood-In-The-Streets-Yet?-Bob Davis Podcast 909. Second of all you have to wonder if we’re getting to that point.

Predicting The Future Is For Suckers

I don’t like predicting the future. I like to wait and see what happens and consequently make judgements.

Streets Are Sensitive To Shocks

On the other hand word travels fast these days. We’re very sensitive to shock. We often are responding at the same time leaders are responding. Long before any in depth facts can be determined.

Perception Is Reality

Moreover in this environment the old saw ‘Perception Is Reality‘ is more true than ever.

Wait and See

I am often asked what I think of some political development. Joe Biden’s ‘sudden surge’. The ‘Super Tuesday‘ results. I still think ‘wait and see’ is the best approach.

Markets Rule The Roost Right Now

Especially relevant now is the course Coronavirus will take. More importantly the economic effects triggered by the real time reactions to the virus.

Each Podcast Needs Clarification

I have been podcasting about just these topics. Furthermore it seems like each podcast needs more clarification.

Primaries and Candidates

In Blood-In-The-Streets-Yet?-Bob Davis Podcast 909 there’s clarification and amplification. There is also most noteworthy additional thoughts about the primaries and potential presidential candidates.

It’s A Long Way To November

Finally we have a long way to go until early November when we actually vote for candidates and initiatives in local, state, house and senate elections. And when we cast our preference for president.

Electoral College Or Congress?

Even more it will be mid December when the electoral college will choose a president. Or, God forbid, the US Congress. A lot can happen between now and then.

About That Blood In The Streets Question

Maybe it would be better to return to the question at the beginning of this blog. Is there blood in the streets yet? And what does it mean.

Sponsored by Ryan Plumbing and Heating of Saint Paul

Blood-In-The-Streets-Yet?-Bob Davis Podcast 909

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