The Dr Boyce Breakdown

I read a really strange article in the New York Post about why black women should marry white men and I wanted to address it. 

Today I read an article in the New York Times about the brand damage that Will smith and Jada Pinkett Smith may endure as a result of "the slap" that occurred against Chris Rock at the Oscars.   According to The New York Times, Will Smith's lighter persona was called "Uncle Fluffy," where he made people laugh as a means of survival.  Then there was "the general," another side of Will smith that confused those who are accustomed to seeing him friendly and compromising.

I spent an hour reading comments about Will Smith on his Youtube channel and what I saw was astonishing. 

Today on my podcast, I spoke about a few factors that impact the wealth building journey of black people in America and beyond.   

The first thing on my mind is that the stock market just had its worst quarter since 2020 with many major tech companies taking a severe nosedive.  Making matters worse is that inflation is at its highest level in the last 40 years.  Supply chain issues impacting inflation are only made worse by the war in Ukraine. 

I then thought about the black wealth building experience and the unique  challenges that black people face when it comes to building our economic armies for the future.  This requires us to have specialized solutions to solve our problems, rather than generic ones.  Most universities don't specially explain how black people, in the face of systemic racism, low inheritance levels and a myriad of social problems, can break generational curses and create opportunity where there is none. 

This is on my mind today and that's what I spoke about on my podcast.  You can watch the video here. 

Sincerely,

Dr Boyce Watkins

BoyceWatkins.com

Today I spoke about the fact that most economic indicators seem to imply that a recession is around the corner. 

Turns out that Chris Rock is selling more tickets than ever after the Oscars incident with Will Smith.  According to Variety, Chris Rock's tour ticket prices have gone up 800% since "the slap," and there are more opportunities sure to follow. 

As a finance professor, this news led me down a rabbit hole of thoughts regarding what it means for a black man to be a "boss" vs one who is beholden to the rules of the establishment.  After breaking down all of this with simple logic, I've concluded that both Chris Rock and Will Smith generated over $100 million in economic opportunity by creating one of the greatest moments in television history. 

I spoke about this today on The Black Financial Channel.  You can take a listen here. 

I understand the reasons that Chris Rock and Will Smith apologized for the Oscars slapping incident, but I don't like it.  I personally believe that both of these men could have stood their ground and everything would be fine.  The interesting act of black men consistently apologizing for nearly everything is one of those things that reminds me of the white supremacy that exists in America. 

Dr Boyce Watkins and Dr Alicia Watkins speak about the slapping incident with Will Smith and Chris Rock at the Oscars 

Today in The Dr Boyce Book Club, I am reading the book "Powernomics" by Dr Claud Anderson.  In this book, we discuss the Powernomics plan for America, and what black people must do in order to win. 

You can join The Dr Boyce Book Club by visiting BlackKeysToGreatness.com

​Hello, I hope you're doing well.

If you're worried about your stock market investments, there are basically five areas of concern that occupy my mind this morning:

1) The war in Ukraine

2) The new virus outbreak in China

3) The magnitude of fed interest rate hikes

4) The rate of economic growth

5) The trajectory of inflation over coming months.

I spoke on these five factors this morning on The Black Financial Channel.  You are welcome to hear my Dr Boyce Breakdown here.

Secondly, if you'd like to help your family learn black wealth principles on a daily basis, we have a few more Black Wealth Calendars available.  Feel free to take a look by visiting BlackWealthCalendar.com.  We've reduced the price significantly since it's now March, but the principles featured each month are of eternal value to you and your family.

Please take care and have a wonderful day.

Sincerely,

Dr Boyce Watkins