Larry’s Blog

America’s Fear of Socialism

September 7, 2020

Among the reasons why Joe Biden might lose the presidential election eight weeks from now despite his current lead in opinion polls is the suspicion that America would become a socialist country with any Democratic president. Although its meaning is often misunderstood, the very term socialism evokes widespread pejorative feelings in all but the youngest […] More

Masks, Phones, Freedom and Public Safety

July 21, 2020

The politicization of  protective masks that cover one’s mouth and nose has been a strange and unexpected impediment against successfully managing the coronavirus pandemic. All but the best-made masks do not provide full protection against catching Covid, but wearing one has been shown to greatly prevent symptomatic and asymptomatic carriers of the pathogen from infecting […] More

American Dream Slip-Sliding Away

June 1, 2020

The dollar has been the lynchpin of the international monetary system since the Second World War. This special role in itself generates enormous economic advantages that other countries do not enjoy. This is not an essay about the perks of dollar hegemony but rather an examination of the basis for enduring confidence in the dollar […] More

Just an Interesting Covid-19 Coincidence… or Perhaps Not?

March 25, 2020

As one scans through the list of particularly hard-hit countries from the coronavirus pandemic, a correlation can be observed with targets of President Trump’s scorn. China, the principal object of America’s tariff war, was the location of patient zero, and President Trump has insinuated that China is to blame for the pandemic. China itself has […] More

An Inconvenient Milestone for U.S. Equities

March 18, 2020

In today’s chapter of the bear market, the Dow Jones Industrials index fell briefly below the 19,827 level prevailing when President Trump was inaugurated on January 20, 2017. It touched an intra-day low of 18,917 before closing with a net daily loss of 6.3% at 19,899. Closing levels today in the DJIA, S&P 500, and […] More

COVID-19 Shakes Investor Confidence in Financial Market and Economic Forecasts

February 24, 2020

The coronavirus outbreak that surfaced initially in China some two months ago presents the greatest known unknown to hit financial markets in some time. The disease is spreading geographically in patterns that have health professionals quite perplexed, and that isn’t surprising since asymptomatic victims can be infectious days before feeling sick. Not enough time has […] More

Was Sign Stealing the Pivotal Factor in the Astros’ 2017 ALCS Victory?

January 16, 2020

In the 2017 American League Championship Series between the Astros and Yankees, the home team won all seven games. In light of the revelation that the Houston Astros that year used electronic devices to steal opposing pitcher signs and relay such helpful information to their batters just before the pitch, partisan claims have been made […] More

Postseason Versus Regular Season Baseball

October 3, 2019

No professional sports league in America plays as many games in the regular season as major league baseball to decide which teams get entered into post-season play to decide the year’s championship. This is done for the simple reason that the margin between victory and defeat in any game of baseball is comparatively small. It […] More

Just a Hypothetical Musing

August 26, 2019

Whether one adores President Trump or is disgusted by him, attitudes toward the man tend to be held extremely. Whether one believes him or thinks he lies most of the time, there is little middle ground. Whether or not he embraces the same visions as you, and whether you perceive him as a victim or […] More

Baseball Notes

August 12, 2019

The 2019 regular season is roughly three-quarters done, which makes this a good time to elicit a few observations about what differentiates this season from others. Among the major sports, baseball teams by far play the most games (162) in a regular season. Long before I found a calling in economics and currency market watching, […] More