Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Ron Paul
  • Bank Credit & Money
  • Dick Young’s Safe America
  • Your Survival Guy’s Super States
  • Critical Race Theory
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money

Time to Prepare: Big Time Summer Migration is On

May 17, 2021 By E.J. Smith - Your Survival Guy

By Mike Kuhlman @ Shutterstock.com

Time to prepare. The summer migration is on, big time. The threat of gas shortages has everyone running on a full tank of 87 octane, preparing to cram two summers into one as if there’s a BOGO deal. Everyone’s going to the beach with loaded coolers and hot heads. Pay attention because nerves are frayed.

You’re telling me traffic on I-95N is crazy, hotel prices are up, and if you don’t have a reservation, good luck finding a room. The help wanted signs are everywhere as anxious patrons (that’s being too kind) wait impatiently to be served. Is there any wonder workers are taking the summer off with the Biden/Harris free money on tap and the country reopening thanks to the Trump vaccine?

Who wants to spend the summer in Cuomo/de Blasio’s NYC? Those doing remote work have moved on. Will big cities ever be the same? If it’s up to the teachers unions, they won’t. They’d prefer to Zoom from home too. The escape from the city will continue.

In The Wall Street Journal, Alistair MacDonald explains the damage that has been done to big cities by COVID shutdowns. He writes:

Dan Barker had barely finished rejoicing that London’s “mad umbrella shop” had survived the pandemic when his wife broke some bad news: The “mad sailor shop” had not.

Next month, Arthur Beale Ltd., a nearly 500-year-old business that sells maritime supplies from central London, is set to close a store famed for its elaborate window displays and eccentric interior. After surviving great fires, bubonic plague and Nazi bombing raids, successive Covid-19 lockdowns and a huge repair bill have sunk a store that was already listing from changing shopper habits, its owners said.

Up-anchor

London is emerging from its third lockdown, and locals are casting nervous glances to see which of their favorite stores have survived the pandemic. The fate of Arthur Beale is highlighting fears that Covid-19 may have changed their city forever.

Beautiful places are booming. Real estate prices are untethered. The law of supply is king. And unless you’ve been living in Joe’s basement, you’ve noticed the shortage. One realtor interviewed in the Sunday Boston Globe believes it will take three to four years to work through the pent-up demand. Then what?

The bottleneck at sawmills isn’t getting any better as mill owners hesitate to expand because (a) it’s too expensive, (b) the labor shortage, and (c) because they got burned in the last real estate crash. Baby Boomers flush with cash are bidding five to six figures over ask because “they want their dream home and because they can.”

And the stock market? It goes up until it doesn’t. Every. Single. Time. And today, market enthusiasts follow stocks closer than their favorite team (remember them?).

Action Line: Make sure your woodshed is full. The good times don’t last forever. Time to prepare.

Originally posted on Your Survival Guy.

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Related Posts

  • Africa Still Great in the Summer of '18
  • Living the Summer of Love without the Love
  • VIDEO: Trump Owns 60 Minutes
  • Are Gay Relationships Immoral?
  • Author
  • Recent Posts
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com
Latest posts by E.J. Smith - Your Survival Guy (see all)
  • Your Survival Guy: Clearing the Decks, Buying a Boat, Seeing the World and More - June 24, 2022
  • BREAKING: Supreme Court DISMANTLES New York’s Unconstitutional Gun Laws - June 23, 2022
  • PARIS Survival Guy INTELLIGENCE: The Job Market’s Case of Long Covid - June 22, 2022

Dick Young’s Must Reads

  • Protection While Traveling in France
  • Concentrate on Dividend Record and Compounding
  • “The Goal”: Strong Families, Resilient Faith, Thriving Middle Class.
  • Why Black Lives Matter Needs to Be Shut Down
  • Richard Feynman Solved the Space Shuttle Disaster Mystery
  • The Four Most Important Words in Investing
  • Tucker Carlson Interviews My Favorite Florida Farmer
  • Your Sheriff Can Thwart Federal Gun Control Efforts
  • Hungarian Hardliner Viktor Orban Shows European Globalists the Way
  • America’s Number One Patriot: Naples Florida’s Alfie Oakes

Our Most Popular Posts

  • Paris: How Hotel Lutetia Can Challenge Le Bristol Hotel?
  • Biden Running Out of People to Blame for High Gas Prices
  • RECESSION? Dow 25,000, $8 Gas, Rising Interest Rates, Spell Mid-term Crack Up
  • Here's Why the Fed Won't Raise Rates Enough
  • GOP Voters Want Republicans Who Will Actually Fight for Their Values
  • MONEY TALKS: The Best Service in Paris
  • The Lives of Others
  • Are Democrats Ditching President Biden?
  • One Surprising Thing You Should Know About Private Jets
  • 1st Time Elon Musk Votes Republican

Disclosure

RSS Youngresearch.com

  • Your Survival Guy: Clearing the Decks, Buying a Boat, Seeing the World and More
  • Is the Great Job Boom Over?
  • Here’s Why You Need a 15-Year Retirement Investment Plan
  • Will ESG Do to Steel Prices What It Did to Gas Prices?
  • Kellogg Cuts Loose with Split Plan
  • Apple Shares Resilient in the Face of Recession
  • MONEY TALKS: The Best Service in Paris
  • Predictions of MEGA-SPENDING on Metaverse
  • RECESSION? Dow 25,000, $8 Gas, Rising Interest Rates, Spell Mid-term Crack Up
  • Investing During a Recession

Greetings From Paris & Le Bristol Hotel

The Most Controversial Restaurant in Paris?

Your Survival Guy: Clearing the Decks, Buying a Boat, Seeing the World and More

Russia’s “Unsubtle” Artillery Attacks Not Necessarily “Archaic”

FLORIDA DODGED A BULLET: Elected Superb DeSantis Over Unstable Gillum

Biden, a Job Killing Machine

Copyright © 2022 | Terms & Conditions | About Us | Dick Young | Archives