Krueger & Catalano

When a shopkeeper solves a problem more customers arrive.

Then, even more people are rewarded. That’s the purpose.

“Daddy isn’t Economics what you do?” #3 asked.

“Not really honey,” I answered.

There are a lot of things I will never forget about April 2020, including my middle daughter studying Economics at our dinner table. All my kids know I do not help with homework. But, I love talking through each of our biggest challenges of the day, during dinner. That table got a lot of action this month.

If there are two recent charts that best illustrate what a crisis can cause in the Stock Market, these would be our nominations.

If it helps the best savers out there not cringe at the concept of spending more money, let me explain why I call vacations my Adventure Capital account. It may also help to know that I do not like spending it; I choose very carefully how to invest it, and the returns have been spectacular.

Here’s the reality. There is an over-crowded supply of things that can go wrong on expensive, commercialized vacations. I’m not talking about any of these, though you may have a similar memory as Chevy Chase in Vacation.