A Closer Look 👁👁

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👁👁with Anthony Newcombe 👁👁

Let’s take a closer look …

Happy Holidays ALL!!

This month’s topic: Required Tests for Congress Members

We’re going to end this year with a BANG!! Let’s just call it like it is: we need to require all candidates who run for all congressional seats and judicial appointments to pass a test that ensures they are: qualified, sane, interested, and able to perform all of the necessary duties of the job. We don’t have this in place at the time this blog goes to publishing.

COMMON SENSE RED ALERT!!

Q: Could we ever be able to be hired for or allowed to start set foot in a job that we didn’t even want to succeed in?   
 

Q: Would we ever be granted access to secrets of any business without first providing proof of qualifications for the position?  
 

Q: Might we ever see a situation where employees (decision-makers) are allowed to cavalierly sit back and allow the company they are in charge of to be smashed to smithereens?   
 

Clearly, the answers to all of the above hypothetical scenarios is of course, in fact, NO!!  
 

It would never happen, and if it did, there would be a swift and permanent termination of employment and possible legal consequences beyond.   
 

For these reasons, it seems asinine that we would think that this couldn’t, isn’t, or would never happen to our governing bodies. We are observing some of the most clear-cut examples of people with who have zero interest in continuing democracy: blitzing seats, refusing to govern, and participating in the some the most vile, pathetic – let alone dangerous – behavior imaginable. Why are we sitting back and allowing it?  Why the continued lack of outrage?
 

Current major areas affected  
 

Covid-19/ our collective health: 800,000 dead … say no more.  
 

Overturning laws/ court uncertainty:  If we no longer can trust the people who are creating, writing and adjudicating our laws, then how the heck are we supposed to abide by them?
 

Debt ambivalence: $30 Trillion? $35 Trill? How about a nice, round $40T?  Why does it seem nobody’s bothered by this number anymore? 
 

Civil disobedience:  Are we paying attention to all of the destruction and anger we have towards each other?  How about sharing commercial airplanes, public roadways, and other community space? Is it now the one with the biggest fists, guns, or whatever the one who has the last say?  What have we become?  
 

⏰Wake up call ⏰

Look people.  I don’t enjoy stopping at red lights in big city traffic any more than the guy next to me who thinks he’s Mario Andretti.  But, one thing I do know … is if we all decide to continue to do our own thing, society as we know it may not know we all won’t last or be around much longer.  I mean, how could it?!
 

Happy holidays (seriously) and see you in 2022 (… hopefully)

-A.N.

A Closer Look …

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with Anthony Newcombe 

Let’s take a closer look

Date: November 5, 2021 🦃🍂🌧️

👀This month’s topic:  👀

Did the American Worker Burnout (on America)? 

We’ve always pride ourselves on our “American work ethic.” The number of hours we labor, the few paid vacation days we take advantage of – always the highest and lowest in the world respectively.  Now, with decades of blood, sweat and tears invested, we seem to be reevaluating ourselves (and with it, our bosses, workplace, culture, etc.) ALL AT ONCE!  

Perhaps that it seems so overwhelming right now.  We were so entrenched in our commutes, schedules, balance “act” with family, etc., that events like Covid Pandemic Job Participation have forced us to stop, sit (at a distance), and rethink everything about our pre-pandemic lives.  Who knows, it may turn out to Psychology of Work-Life Balance During Covid one of our proudest moments, or, in many cases, the tipping point to nowhere. 

One thing that is not helping us is the perpetual gridlock in D.C. and locally too.  We live in what is termed one of the most thriving economies in history, but still see more homelessness, climate decay, and rotted infrastructure in its midst.   

How are we supposed to weigh our professional futures collectively when we can’t even pass a bill to fund so many of those jobs and plans?  How is it possible to continue to vote for leaders who only show up for us to convince us to “come through for them” by voting every term?  Of course, the years in between are always filled with lip service, finger-pointing and, to quote a very young woman enmeshed in the global climate battle: (“blah, blah blah”) Climate Change “Boils Over” Around Global Summits  

 It’s a lot easier to tell people they need to retain the motivation to work hard – much harder to show them the way to prosperity.  “Being accountable,” “keeping your word,” “following through.”  Those were simple phrases we not only embraced but rarely had to define in decades past.  Now, there’s a perpetual inability for those in leadership positions to do this. It’s even cost the jobs of many who attempt to do so!  We need to look in the mirror, face the music, and make some drastic changes NOW!  Otherwise, it shouldn’t surprise anyone that the American worker, and with it – the American Dream – vanishes forever. 

What do YOU have to say about this?  We’d like to hear it! 

See you next month for our 2021 finale! I’m out!

A.N. 

A Closer Look …

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with Anthony Newcombe 👀👀

Let’s take a closer look

October’s topic:  

The “Cottage Industry” has caught up with me (finally)

20-plus years working in a remote setting … and wouldn’t change a thing! 


Well, it took a while, but what can I say:  I TOLD you so!  Well, not entirely.  I spent much of my time since 1999 believing I had to keep some sort of secret or something. I asked myself: 

  • Will they ever find out that I tend to wear shorts and sandals during my business calls and videos? 
  • Do you they know that have no interest in driving downtown for any reason at all?  Including closing giant deals? 
  • Will they be mortified if one of my little ones barges into my home office and vomits mac and cheese all over my desk in real time?  Did I care even if something like that happened? 

The answer to the above and many other questions, is, well, NO.  I didn’t care.  I don’t care today either.  And I probably won’t care at any time in the future.  I mean, let’s face it:  Nobody I know out-works me.  In fact, I haven’t been on a real vacation since the end of 2017.  Oh yeah, we probably shouldn’t even count that one because I was finalizing my book, Sorry, 50 is NOT the New 30, during that trip. 

I look around and see Congress on break most of the calendar year.  I see neighbors who can barely roll out of bed by noon and spend their weeknights getting high and drinking all night.  I come across those on social media pretending they’re working, but still, can’t figure out what they’re even working on.  Working on their tans

I suppose, though, it took the Covid pandemic to convince more than a few professionals to “hang up their car keys” and settle into whatever makeshift workspace they could create within their 4 walls.  And looking around, it’s hard to see many other benefits of this whole health scare period in the United States and beyond.   

However, one thing I do know is the cottage industry is here to stay and that’s a good thing because it will keep me plugging along, my sanity in check, and, of course, my dry-cleaning bill will remain where it belongs – in the home office shredder! Ciao! 

So, what’s your story? 

We’ll catch up with you again in about 30 days … I’m out! 

-A.N. 

A Closer Look … Stocks-Inexperience-Investors-Hedge Funds-Day Trading-

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with Anthony Newcombe 

Let’s take a closer look … 

Some Causes of the Stock Market Volatility Craze 

Topic:  That ‘silly, crazy stock market’ this month   

Categories: Economics, Financials, and Social Psychology    

Between a rock and a hard place? You probably spent some of the past few weeks rummaging through the onslaught of news concerning the stock market.  In just a few days, there were swings from single digits to over thousands of percentage gains. What is the most amazing part? Ironically, these public companies did absolutely NOTHING different to cause this phenomenon. In fact, some of the biggest debt funds pounced on this situation to dump old, crappy positions they had. This generated some outlandish profits (for those who could get out in time!)   

However, for those who don’t own any stocks, I hear you. Who cares, right?!  Well, the rest of us care. Unfortunately, it caught our attention instantly. This might be due to many of a certain age recall being caught up in this “spin cycle” very similar to this in our investing past.  In fact, if your stomach didn’t roil a bit, and your brow didn’t raise, you must be a first-time trader. You have no scar tissue built up from previous downturns.  You haven’t been burned…yet. 

Moreover, if you recall in spring, 2001, there was a ton of hoopla regarding “surging dotcom stocks.” It seemed like you didn’t even need an ounce of ability to make profitable picks during that time.  Just buy, buy, buy (Thanks, Jim Cramer!) Subsequently, there was a different kind of BOOM!  There was a “crash-landing.” In little time, the markets tanked. Everyone ran for the hills, and many brokers ducked their calls. We were shirtless, stuck, and scared!    

Nevertheless, I’m not naïve enough to think that the ‘dotcom bubble of 2001’ is anywhere near the same as the last two weeks have been. But I tell you, when you see some of the publicly traded stocks like GameStop (GME) and AMC Theaters (AMC), it forces a reflection moment. These stocks went from (practically) zero to amazing heights. Then, they returned to earth again in mere days. Unfortunately, it rhymes with some of our tortured past like 1987’s Black Monday, spring 2001, and September 2008.  I agree, all had different characteristics. We won’t get into them all, but each created a form of sheer terror in the marketplace at the time!   

Thankfully, at least for today, it seems like the storm has mostly passed. We’re back to the “old, regular froth” that we’ve become accustomed to from the past several fiscal years.  We’ll just keep our chinstraps fastened, our eye on the ball, and continue onward, right?  I mean, what else can we do?  Happy investing, folks!  

Any ideas?    

-A.N.     

Feeling a little nauseated?

Supporting links  

Bloomberg 

CNBC Business 

Business Insider