Sunday, December 31, 2023

Forbes.com: More Signs Of A U.S. Economic Slow Down In 2024

By SIMON CONSTABLE

Despite some horrendously wrong predictions, there hasn’t been a recession since the COVID-19 pandemic. But the last few weeks show that things have been changing for the worse.

It’s something investors should consider carefully because certain assets do better in a recession than others, history shows. Read more here.


Frederick John Skill The Illustrated London NewsCC BY 4.0, via Wikimedia Commons. The Distress in Coventry, 
Distribution of Soup for Distressed Weavers in the Kitchen of St Mary's Hall circa 1862


Forbes.com: Iran’s Economic War On The West

 By SIMON CONSTABLE

Iran’s threat to close the Mediterranean Sea to commercial shipping is a declaration of economic war on the west. It’s something that investors should take seriously as much of the world’s trade relies on shipping routes through that water. Read more here.


Royal Navy official photographer, Public domain, via Wikimedia Commons
A British Centurion tank of the 6th Royal Tank Regiment disembarks from the tank landing ship HMS Puncher (L3036) at Port Said. In the background can be seen the De Lesseps statue which stood at the entrance to the Suez Canal.


Friday, December 29, 2023

CC: Flash Back: Constable and Batchelor Play Scrooge and Marley

By SIMON CONSTABLE 

Here's a flashback to 2008, in which John Batchelor and I play Scrooge and Marley to tell the story of mega-conman Bernie Madoff who was charged with fraud in 2008 after running a $65 billion Ponzi scheme.


Photo credit: Internet Archive Book Images, No restrictions, via Wikimedia Commons

Photo description: From a 1900 illustrated edition of A Christmas Carol by Charles Dickens, 

with a drawing of Scrooge by Frederick Simpson Coburn

Listen here.

Tuesday, December 12, 2023

CC: Edinburgh City Government Takes A Black-eye from Scotland's Courts @FionaCampbell74 @RealConstable @bellacaledonia

 By SIMON CONSTABLE

Listen here.

Photo credit: Jacques Callot , CC0, via Wikimedia Commons

Photo description: Drill of the Cannon: The Shooting), from The Military Exercises



CC: California's Epic Financial Mess @JCBliss @RealConstable

By SIMON CONSTABLE

Listen here.


Photo credit: Joseph Warren Revere, Public domain, via Wikimedia Commons

Photo description: Drawing of Monteray, the then-capital of California. Joseph Warren Revere was part of the United States military that invaded Alta California in 1846 during the Mexican-American War. In his 1849 book about his military stories and life in a Rancho, Revere includes illustrations. This one is an illustration of Monterey, the capital of California.

Date: 1849

CC: The Inspiring tale of Iranian-Born British Activist Vahid Beheshti

 By SIMON CONSTABLE

Listen here.


William Lionel Wyllie , Public domain, via Wikimedia Commons

Thursday, December 7, 2023

#Ponzi: Fifteen years after Bernie Madoff and now nothing much learned: Sam Bankman-Fried. @RealConstable, @WSJ @BatchelorShow

 By SIMON CONSTABLE

Listen here.



Mug shot of Charles Ponzi (March 3, 1882 – January 18, 1949). Charles Ponzi was born in Italy and became known as a swindler for his money scheme. His aliases include Charles Ponei, Charles P. Bianchi, Carl and Carlo. US Goverment, Public domain, via Wikimedia Commons

Tuesday, December 5, 2023

CC: 1924-2023 Charlie Munger's Legacy

 By SIMON CONSTABLE

Listen here.

Photo credit: FrankTursettaCC BY-SA 4.0, via Wikimedia Commons

Photo caption: Charlie Munger on the rightside of photo.

Photo Date: March 3, 1998


Monday, December 4, 2023

CC: Israel's Ambassador to the UN Slams George Soros @RealConstable

 By SIMON CONSTABLE

Listen here.



Photo description: Israel Defense Forces between 1969 and 1971 עברית: אימוני צליחה, Original Image Name:אימוני צליחה בנמל הקישון, Location:נמל הקישון

Photo credit: udi SteinwellCC BY 2.5, via Wikimedia Commons PikiWiki - Israel free image collection project


WSJ: Financial Flashback -- Bernie Madoff Charged with Mega Fraud Ponzi Scheme

 By SIMON CONSTABLE

 
Exclusively in the print edition of the Wall Street Journal