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Richardcyoung.com

The Online Home of Author and Investor, Dick Young

“Good Golly Miss Molly!” You Own a Bank?

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Coronavirus Infects Stock Market: Part XLIV Originally posted on May 12, 2020.  When you visit me in Newport, R.I. you’ll need your GPS. Our office is at 98 William Street, but you’ll never find a number on our building. We like it that way. The privacy. The building? It’s beautiful. It’s brick with ivy climbing […]

The Unintended Consequences of Governors Gone Wild

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Coronavirus Infects Stock Market: Part XXXIII Originally posted on April 23, 2020.  As some states inch their way back to a soft-open, there will be plenty of losers, many of whom have done nothing wrong and who are healthy. Think about Rhode Island Gov. Gina Raimondo’s comments yesterday telling businesses they’ll have to allow employees […]

Your Retirement Life: Investing After Coronavirus

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Coronavirus Infects Stock Market: Part XXX Originally posted on April 20, 2020.  Some thoughts as you second guess your retirement (or your spouse does for you). The late Richard Russell, in remembering the Great Depression: The most valuable asset you have is a J-O-B. (You know RR from Rich Man, Poor Man, an all-time favorite […]

Get Ready: Your Survival Guy’s Guide to the Second Wave

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Coronavirus Infects Stock Market: Part LIV Originally posted on May 28, 2020.  You read the news: “Coronavirus reaches 100,000 deaths,” streaming across all forms of media yesterday and yet, not a peep just a couple of years ago when the flu killed 80,000. It’s like the media is taking a victory lap, cheering the virus […]

You Need to Seek Some Shelter for When Things Get Ugly

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Coronavirus Infects Stock Market: Part LVI Originally posted June 1, 2020.  “Requests for driving directions on Apple Inc.’s Maps app are back around mid January levels, while data from Dutch location technology firm TomTom International BV show traffic congestion gradually climbing in some late U.S. cities, though it is still down substantially from March levels […]

What in Life Doesn’t Involve Trade Offs

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Originally posted May 18, 2020.  Can the government operate without having to make meaningful tradeoffs of one goal or value versus another? As a way of answering that question, Francis Menton in the Manhattan Contrarian puts forth the “illusion of infinite resources in the hands of the government.” As individuals we all know that we face […]

Prolong Lockdown and Keep Economy in Shambles

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Originally posted April 21, 2020.  The national response to coronavirus “cannot be understood in isolation from the part it has played in the larger anti-Trump melodrama,” argues Roger Kimball in Specatator.us. On 31 January, Trump suspended air travel from China. The Democrats and press went nuts, charging the president with xenophobia and accusing him of […]

Democrats’ Appalling COVID-19 Reaction

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Originally posted April 20, 2020. From Joe Biden: “Donald Trump is not responsible for COVID-19, but he is responsible for our slow, uncoordinated response. Experts say that if we had acted two weeks earlier, more lives could have been saved. Trump failed to take swift action—and we’re paying the price.” A Timeline of the Blame […]

Your Survival Guy Escapes into the City, Uh-Oh

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Coronavirus Infects Stock Market: Part LVII Heading into a city and putting your daughter on a plane are not things Your Survival Guy likes doing, nevermind in the middle of a crisis. But sometimes visiting a cousin in Naples, FL is what an eighteen-year-old needs to do for everyone involved. Becky and I couldn’t help […]