The Urge To Splurge is Still Strong
- May 25th, 2022
- Wiggin Sessions
- Daily Issue
“When wealth is lost, nothing is lost; when health is lost, something is lost; when character is lost, all is lost.” — Billy Graham The second mass shooting in May. What’s wrong with people? The shooting happened in an otherwise… Read More
Can You Make Money During a Downturn?
- May 24th, 2022
- Wiggin Sessions
- Daily Issue
“It would be silly to expect every bear market to turn into the Great Depression. It would be equally wrong to expect that a fall from overvalued, to more fairly valued, couldn’t badly overshoot on the downside.” – Seth Klarman,… Read More
I Hate Losing
- May 23rd, 2022
- Wiggin Sessions
- Daily Issue
“The idea that I [should] trust my eyes more than the stats, I don’t buy that because I’ve seen magicians pull rabbits out of hats and I know that the rabbit’s not in there. — Billy Beane, World Series winning… Read More
Eisenhower’s America 2.0
- May 20th, 2022
- Wiggin Sessions
- Daily Issue
“In preparing for battle I have always found that plans are useless, but planning is indispensable.” — Dwight Eisenhower Dear Reader, Nomi recently confessed to me she has a crush on President Dwight “Ike” Eisenhower. She spent one hot… Read More
Conjured Money and a Rigged System
- May 19th, 2022
- Wiggin Sessions
- Daily Issue
“His money is twice tainted. ‘Taint yours and ‘taint mine.” — Mark Twain Dear Reader, Scandals and corporate favoritism… conjured money and a rigged system… … these are the themes our guest writer this week, Nomi Prins, covers from an… Read More
Why Some Win And Some Lose During A Recession
- May 18th, 2022
- Wiggin Sessions
- Daily Issue
Dear Reader, Our son Henry graduates today from New York University (NYU). As you might imagine, there are various events over the next couple of days we’d like to attend. As such, we invited Nomi Prins to hold down the… Read More
America’s Great Financial Distortion
- May 17th, 2022
- Wiggin Sessions
- Daily Issue
“I contend that financial markets never reflect the underlying reality accurately; they always distort it in some way or another and the distortions find expression in market prices. Those distortions can, occasionally, find ways to affect the fundamentals that market… Read More
Why Some Win And Some Lose During A Recession
- May 16th, 2022
- Wiggin Sessions
- Daily Issue
“We have these real things going on. The Fed can’t create fuel. The Fed can’t create food. There are real supply chain issues… pushing prices up regardless of what the Fed does or doesn’t do.” — Nomi Prins, The Distortion… Read More
An Infant Story Of American Scarcity
- May 12th, 2022
- Wiggin Sessions
- Daily Issue
“The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” – Thomas Sowell Dear Reader, In… Read More
Wars, Wheat, Dust and “Unseemly Ignorance”
- May 11th, 2022
- Wiggin Sessions
- Daily Issue
“The new migrants from the dust bowl are here to stay. They are the best American stock, intelligent, resourceful; and, if given a chance, socially responsible. To attempt to force them into a peonage of starvation and intimidated despair will… Read More
What Causes A Food Shortage?
- May 10th, 2022
- Wiggin Sessions
- Daily Issue
“You don’t have to be a prophet or a psychic to see the future. All you have to be is an average observer and notice bare grocery shelves to know food shortages are coming.” — Jarod Kintz Dear Reader,… Read More