John T. Reed’s news blog

I just heard Tony Romo who broadcast the Supebowl in a rebroadcast..With :26 left in regulation and the game clock running, Romo said Mahomes should spike the ball to stop the block.. No. You do not do that until :18 if you have four downs. He threw a pass at :16. That stopped the clock. Most teams spike too early..You only spike the ball when you have more downs left than time to use them. It was 2nd and 7. With :26 left, you can start, but not finish, five plays that last :06 each assuming each such play itself...

China has deflation. I wrote a book on both inflation and deflation. I called deflation depression because Americans do not understand the word deflation.Are they simply opposites?.In part, yes. But not completely. In inflation, the purchasing power of the USD falls. In deflation, it rises. The best thing to own in the depression was cash, post office savings accounts, US Treasurys. Those are the WORST things to own in inflation..In inflation, it is great to OWE, not own, fixed-rate debt. It goes down in real value. In depression OWING USD-denominated debt crushes you financially..US pennies and nickels protect you from...

The idea that lower middle class people can no longer move-up—primarily by buying a home—is widespread. Bunch of nonsense..My most recent book An American Principal Residence Is The Most Advantaged Investment on Earth: Maximize Yours. Covers the difficulty of starting in part..https://johntreed.com/collections/real-estate-investment/products/an-american-principal-residence-is-the-most-advantaged-investment-on-earth-maximize-yours.True, in 1970, home prices were roughly equal nationwide—around $23k. To start, you had to buy small, farther out, less prestigious, no central air..Duh. What else would you expect?.Now, liberal areas have enacted all sorts of land-use regulations that make it harder to build a home. In CA, for example, all new homes must have solar panels..So, to start,...

The WSJ, which pretty clearly said now was not the time to buy a home when mortgage interest rates jumped from 3% to 6%, now seems to be saying that dropping from 7.7% down to 6.63% means it's time to buy. . Say what? . This is idiotic analysis. If you want to buy a house with a mortgage, do it. What you can afford will be determined, as always, by how much you put down and your income available to make mortgage payments. . Did rates used to be lower? Yeah. You used to be younger, too. So what?...

I often say the WSJ is the best sports periodical. Excellent example of that today. "The 49ers Defy Modern Football" googling the title may enable you to read it. . It basically says the 49ers run the tightest offensive formations in the NFL:19.9 yards wide. KC is average at 24.6. Bills were widest at 26.9. . For one thing, there is an advantage to just being different. One of my books is titled the Contrarian Advantage for Football Offense. It about being very different from any other offense in your league. Also about football jiu-jitsu which means altering your offense...