John T. Reed’s news blog

Liberals are in their usual tizzy about some whack job shooting people. Whenever premature deaths are a hot topic, I turn to all causes of death ranked. Police shootings rank 58th Homicide by gun shot ranked 31st 14,542 in 2020 https://www.cbsnews.com/pictures/death-index-top-50-ways-americans-die/60/  Most of the causes of death that kill far more people than gun homicides are preventable or reduce-able to an extent. If we are against preventable early death, we should be spending more time and effort and money on heart disease, lung cancer, drug over dose, high blood pressure, obesity, drunk drivers. If you are spending more time, effort,...

Once again, the WSJ is whispering “hyperinflation” is a crowded theater. This week’s “cover our ass with multiple warning articles” item is an op-ed on page A17 by William Walker titled “The Coming Demand Surge Brings Back Memories of 1970s Inflation.” Google the title to read it. . As always in this informal Journal series, they refuse to use the work “hyperinflation.” I suspect they fear being accused of being tin foil hat wearers. . As always in this informal Journal series, the punch line is in the final sentence: “Once [inflation] gets its claws into a demand-fueled, supply-constrained economy,...

I have an article about NFL rules changes. It is about getting rid of noncompetitive plays. One rule I advocated was adopted although I have no reason to know they got it from me. It made sense to me and them. That is the rule that a PAT kick is now from the 25, not the two. If you want to go for two, you go from the two. https://johntreed.com/blogs/john-t-reed-s-football-coaching-blog/68591619-boring-football-plays-that-should-be-eliminated  Today’s Wall Street Journal has an article about NFL overtime. The team that wins the toss has a 28-20-4 record. That shows the coin toss is determining the winner of...

In today's WSJ, Andy Kessler says the stock market is acting as if "Assets go up; cash is for losers." My version: assets that are not denominated in dollars can go up, down, or sideways. Cash or other assets denominated in a currency that hyperinflates become worthless. You need a diversified portfolio of non-dollar-denominated assets including some liquid ones to buy food, fuel, and medicine. Later in the column, Kessler says, “Low-yielding U.S. Treasury bills and bonds are safe because they are backed by the US government, by cash flow of tax dollars and by the country’s assets (think land...

Throughout my real estate investing career, which started in 1967 when I was a senior at West Point, I have repeatedly read about structural changes in real estate. . Predictions of 150 our of the last two structural changes These were “things are going to be different from now on” articles. It has been said that economists failed to predict 148 out of the last 150 recessions. But futurists have predicted about 150 out of the last two structural changes. Structural changes come into high relief in the long term. There was a structural change called the industrial revolution. The...