Recent Posts

Is RV a better investment than Bitcoin?

I can’t understand why people are pouring their hard-earned money into cryptocurrencies instead of campers. The RV boom that began last year shows no sign of slowing down. Shipments are expected to reach record levels this year, and buyers are snatching up units as soon as they hit the lot. Inventory for used RVs is just as tight, and the ...

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Morgan Stanley’s $911m loss is no emergency

There’s something fitting about Morgan Stanley’s loss from the blowup of Archegos Capital Management totalling $911 million. By all accounts, the episode was among the biggest emergencies within the banking industry since the global financial crisis. The hit certainly came as something of a surprise, given that there was little indication of this kind of loss in advance, and Goldman ...

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Oil markets a long way from back to normal

We’re all pinning our hopes on vaccines to free us to meet friends and family, travel and return to something like our normal lives. Oil market forecasters, too, are finally getting a little more optimistic about the recovery in demand that should accompany that return. But a closer look shows we’re just not there yet. In their latest monthly reports, ...

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