David Reavill

America And The Chinese Merchant

For over a millennium, the Chinese Merchant has been the most revered and feared force in the Far East. They are revered for their wide array of trade goods and products, but feared as agents of control and subjection. Throughout Southeast Asia, China exerted its political control over countries like Korea and Vietnam by first using humble Merchants to infiltrate each society.

Preparing For The Trade Wars

What is apparent is that the price of many of the products and goods we rely on will have substantially higher costs, resulting from increasing tariffs. Or, in the most extreme cases, it may not be available at all. Potential shortages should be our primary focus.

Why Wall Street Was Bound To Hate Trump's Tariffs (Late Night Edition)

It’s easy for Investment outsiders to underestimate the pressure to perform on
Wall Street. From the largest Mutual or Hedge Fund Manager (with the greatest
AUM) to the lowest regional Stock Broker, the demand to produce solid returns
year after year is intense. It’s the reason many financial professionals hang up
their careers prematurely.

How To Tell The Difference Between A Stock Market Correction And A Financial Crisis

Investors' concern is palpable. This week, stocks declined sharply, especially after Wednesday's rollout of President Trump's Tariff Program. The decline in the NASDAQ Index has been especially pronounced, which, up to now, has been leading the markets to higher prices. However, a careful review of this index shows that this week was merely the exclamation point of an ongoing decline.

Tariffs: The Good, The Bad, And The Unknown

On April 2, 2025, from the White House Rose Garden, President Donald Trump announced the third era of American Tariffs. It was a much-anticipated event, with the global financial world holding its collective breath. Seemingly, no one knew the details of these new taxes on imports.

"Your Banker's Calling"...Reflections on the Nation's Debt

For anyone who's ever had a bank loan, from a credit card to a home mortgage, you know the chill that runs up your spine at the mention of a phone call from your favorite bank lender. The thought that you've missed a payment, or even if you're late, brings in all the ramifications of a loss in credit score, or, even worse, a hefty penalty or, worst still, a foreclosure.

The Cost Of "Helicopter" Money

I first heard the term "Helicopter Money" in November 2002 when a trader friend of mine called and said, "Did you hear what that new guy on the Fed said last night? He said we should drop money, as if from a helicopter if we ever get as bad as the Japanese. LOL!"

What Did The Federal Reserve See?

On Wednesday, March 19, the Federal Reserve Open Market Committee made its latest decision on interest rates: "Steady as she goes," said the Fed, a succinct decision that led to one of the shortest Fed statements in recent memory.

Managing Cash: The Warren Buffett Model

We started following Warren Buffett's cash position a year ago. At the time (the end of 2023), he had accumulated $163 Billion, an unheard-of sum. Many felt that the “Oracle from Omaha” had reached his limit, that he'd gone as far as he would. However, it turned out that Buffett had only just begun raising cash. By the end of 2024, Berkshire Hathaway's cash position had risen to $334 Billion—incredible!

Why Its Time To Watch Your Banker Like A Hawk

A growing number of analysts on Wall Street are calling for a slowing economy—perhaps not an outright recession, but enough of a slowdown to cause headaches for the bankers. With as much debt as we have in the financial system, read "loans" from banks, even a tiny increase in slow payments or defaults can mean big trouble for banks.