It's still a cold winter day in Milwaukee so I'll have to live vicariously through my good friend John Wilson who's in Arizona on business. It's strange how Arizona "business" never seems to need him in the summer months.
Still no sign of the missing Malaysia airliner. At this point it's become a major debacle. Experts can't even agree what ocean the plane was last flying over.
The stock market is down over 200 points today with news of more Russian soldiers coming to the Crimea border. This is a sure way to make Putin a winner. Not one U.S. business will be significantly impacted by events over there if at all. Quit the panic selling and keep your cash out of your mattress!
According to CNBC, the U.S. has the highest number of millionaires since 2007. We also have the highest number of people with 5 million in assets during the same time period. This doesn't even include a primary residence. Is there really a war being waged against the wealthy? If so, those doing the wagering are getting their asses handed to them.
I had the pleasure of watching a Neil Young performance at a Farm Aid concert in Milwaukee a few years ago. It was nothing short of spectacular. Young has perhaps the most unique style in the entire music industry. I've never seen anybody even try to copy Neil Young as he's so outside the box.
Young has been involved in many entrepreneurial projects over the years. This time he goes outside the box and brings music back into the old school box with Ponomusic. Ponomusic is a high quality digital music player that presents songs as they sounded in the studio. In Young's own words, "streaming services are the new radio and Ponomusic is the new records." It's built to take on the MP3 player and audio experts say it's a vastly superior music product for old school sound like a record. Only the legendary Neil Young could go a step back to get miles ahead.