Richardcyoung.com

The Online Home of Author and Investor, Dick Young

All-Weather Fund Down 6% so far this…June

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Hedge funds that are supposed to do well in any type of market are having a tough go of it lately. As Gregory Zuckerman and Juliet Chung of The Wall Street Journal report: Bridgewater Associates, which built a $150 billion hedge-fund empire with the promise of strong performance even in turbulent markets, is suffering from […]

Energy Revolution

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Texas is leading the way in the gulf coast energy revolution. As Alison Sider, Dan Strumpf and Ben Lefebvre of The Wall Street Journal report: The pipelines, all set to come online by the end of next year, mark a new phase in the U.S. oil boom. Hydraulic fracturing has pushed U.S. oil output to […]

The Recovery that Isn’t

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Abysmal is the best way to describe this Obama recovery. Hope and change doesn’t create jobs. Where’s the motivation when it’s easier to do nothing and collect a check from the government? Ben Casselman of The Wall Street Journal writes: The recession ended four years ago. But for many job seekers, it hasn’t felt like […]

Texas Gets It

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Business creation isn’t easy. It must be nurtured. The same is true after it becomes a viable concern. Businesses go to where they have an edge so they can offer customers lower prices among other things. High taxes and legal fees are the bread and butter for “no mas” business states likes New York. In […]

Hong Kong of New England

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All of New England is ripe for an economic revival. Rhode Island should be leading the way. It could be the Hong Kong of the region. But politicians think they can solve the state’s problems with more government policies instead of getting government out of the way. Bloomberg Business Week reports on Rhode Island’s struggles: […]

John Boehner’s Farm Folly

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With guys like House Speaker John Boehner at the helm it’s all about big government. Thankfully GOP Rep. Marlin Stutzman stepped in. As Stephen Moore of The Wall Street Journal writes: There’s an old saying that nothing turns Republicans into socialists more than a farm bill. But on Thursday one of the major forces behind […]

Niall Ferguson’s: The Great Degeneration

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Economic historian Niall Ferguson writes in his new book The Great Degeneration that, “We are living through a profound crisis of the institutions that were the keys to our previous success—not only economic, but also political and cultural—as a civilization.”