David Reavill

On the same day Germany shut down its last three Nuclear Power Plants, Finland's giant Olikiluoto #2 plant began operation. It will supply that tiny country with 15% of its electricity needs. Markets reacted immediately, dropping the price of electric power by 75%, and the race was on Nuclear Power Environmental Mennace or Economic Boon.

On the same day Germany shut down its last three Nuclear Power Plants, Finland's giant Olikiluoto #2 plant began operation. It will supply that tiny country with 15% of its electricity needs. Markets reacted immediately, dropping the price of electric power by 75%, and the race was on Nuclear Power Environmental Mennace or Economic Boon.

A particular contagion in Washington stems from believing they are the center of economic activity in the nation. It's the sense that unless our "leaders" guide this economy, it will fail. At its heart is an arrogance of power. The belief is that Washington, and only Washington, has the answers to all today's economic problems. The Biden Administration suffers from this particular malady more than any other Presidency in recent memory.

A particular contagion in Washington stems from believing they are the center of economic activity in the nation. It's the sense that unless our "leaders" guide this economy, it will fail. At its heart is an arrogance of power. The belief is that Washington, and only Washington, has the answers to all today's economic problems. The Biden Administration suffers from this particular malady more than any other Presidency in recent memory.

A particular contagion in Washington stems from believing they are the center of economic activity in the nation. It's the sense that unless our "leaders" guide this economy, it will fail. At its heart is an arrogance of power. The belief is that Washington, and only Washington, has the answers to all today's economic problems. The Biden Administration suffers from this particular malady more than any other Presidency in recent memory.

A particular contagion in Washington stems from believing they are the center of economic activity in the nation. It's the sense that unless our "leaders" guide this economy, it will fail. At its heart is an arrogance of power. The belief is that Washington, and only Washington, has the answers to all today's economic problems. The Biden Administration suffers from this particular malady more than any other Presidency in recent memory.

In the last 50 years, there has been a dramatic change in the way the Financial Services Industry operates. That it is an “Industry” at all, indicates just how far we've come in money management.

In the last 50 years, there has been a dramatic change in the way the Financial Services Industry operates. That it is an “Industry” at all, indicates just how far we've come in money management.

In the last 50 years, there has been a dramatic change in the way the Financial Services Industry operates. That it is an “Industry” at all, indicates just how far we've come in money management.

Just a week ago, on May 3rd the Federal Reserve Open Market Committee adjourned their latest meeting, and announced to the world that they were raising the Fed Funds rate to 5 1/4%, the highest rate since 2007. The feeling around here was, ho hum, another rate hike following a long line of hikes. Most people feeling that “at least they didn't hike rates any more.”