The Flinchum File

Thoughtful Economic Analysis and Existential Opinions
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Welcome to The Flinchum File

I am an Accredited Investment Fiduciary at Bay Capital Advisors, an investment firm headquartered in Virginia Beach, VA. After retiring from Truist Bank, I started this firm to work more closely with a smaller number of clients, and it has been great! Our client load is about 25% of the national average.

Writing is not for the shy or the meek. It exposes a person’s mind and character. I hope you enjoy the view.

More Scary Than Halloween ?


My regular quarterly column will be published by Inside Business this weekend.  In it, I remind readers how much the stock market hates surprises, including presidential elections.  Being “the brightest kid in the class,” the stock market concluded months ago that Clinton would win. The point in my column is that I expect a dramatic fall … Continue reading More Scary Than Halloween ?

Paging Alfred E. Neuman


Cartoonists don’t get the respect they deserve.  They illustrate reality in more stark terms.  They beg questions to ask.  They generate thinking and discussion.  Consider this one: Is the cartoonist saying — the country is unaware that we are about to fall into a recession.Is the cartoonist saying — recessions are not uniformly bad, only … Continue reading Paging Alfred E. Neuman

Goldilocks Jobs Report


Today’s “Jobs Report” was just hot enough to know the economy is still growing and just cold enough to keep the Fed from raising interest rates in November.  It was perfect! Against expectations of 175 thousand new jobs created last month, the Bureau of Labor Statistics estimated only 156 thousand jobs were created.  That is … Continue reading Goldilocks Jobs Report

24/7 Pollution


When we returned to Virginia Beach, we were looking for a church home and visited several.  During one visit, we stood up in the middle of the church service and simply walked out.  The pastor started telling church members how to vote.  While I defend his right of free speech, my value system does not … Continue reading 24/7 Pollution

With All Due Respect


The huge investment bank of Goldman Sachs is the most respected bank on Wall Street, by Goldman Sachs anyway.  Regardless, I do respect the soothsayers in their research department.  Here are some of their latest forecasts: 1.  GDP growth in the U.S. will increase from 1.5% this year to 2.0% next year.2.  Japan’s will increase … Continue reading With All Due Respect

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