On the Road

A quick note after a long drive…

We spent yesterday driving from Baltimore down to Aiken. So we didn’t have much time to think about what was going on in the markets.

Aiken is supposed to be warmer than Baltimore. Today, it’s about 10 degrees warmer. But it’s hardly balmy. And the cleaning lady at the hotel warned us:

I know you came down here to get away from the snow. But I’ve got bad news for you. It’s going to snow here on Wednesday. Not much. But it will be exciting. We’re not really very used to snow. Should be pretty, though.

The cold has been a subject of conversation all up and down the East Coast of the USA. On Sunday, we gave our advice to a young couple who had just bought an old house in rural Maryland.

You need to build a big fireplace. Maryland has plenty of trees. Firewood is no problem. So, you put a big fireplace in your kitchen. Then you don’t really care how cold the rest of the house is. You just make a roaring fire in the kitchen. Everybody congregates in front of the fire. And then spring comes.

More tomorrow…

Regards,

Bill Bonner
for Markets and Money

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Bill Bonner

Bill Bonner

Since founding Agora Inc. in 1979, Bill Bonner has found success and garnered camaraderie in numerous communities and industries. A man of many talents, his entrepreneurial savvy, unique writings, philanthropic undertakings, and preservationist activities have all been recognized and awarded by some of America's most respected authorities.

Along with Addison Wiggin, his friend and colleague, Bill has written two New York Times best-selling books, Financial Reckoning Day and Empire of Debt. Both works have been critically acclaimed internationally. With political journalist Lila Rajiva, he wrote his third New York Times best-selling book, Mobs, Messiahs and Markets, which offers concrete advice on how to avoid the public spectacle of modern finance. Since 1999, Bill has been a daily contributor and the driving force behind Markets and MoneyDice Have No Memory: Big Bets & Bad Economics from Paris to the Pampas, the newest book from Bill Bonner, is the definitive compendium of Bill's daily reckonings from more than a decade: 1999-2010. 

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