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.

No, Not the Fed Too ??


It has been widely-reported that the U.S. Department of Justice has been overly-politicized, and that report is now widely accepted. It has been widely-reported that the U.S. Center for Disease Control (CDC) and the Federal Drug Administration (FDA), two of the most respected institutions in the world, are being overly-politicized, which might explain why they … Continue reading No, Not the Fed Too ??

Enough ?


One of my favorite guns is a small Beretta .22LR automatic.  It has 2″ barrel and six-shot clip.  With such a short barrel, it is not accurate much past 20 feet, but it is small enough to fit into my front pants pocket — making it an ideal  “pocket-pistol.”  I keep it in the glove … Continue reading Enough ?

Stutter-Step Whack-A-Mole


Shutting down the economy is a terrible thing.  It hurts the economy, as well as the emotional health of our citizens.  Recognizing this, President Trump nonetheless had the courage to shut us down anyway.  However, he remained under enormous pressure to get America open and back-to-normal as quickly as possible. The only thing worse than … Continue reading Stutter-Step Whack-A-Mole

Watching Paint Get Old & Moldy


Being a Republican is easy, just watch Fox News. Being a Democrat is easy, just watch MSNBC or even CNN. Being Independent NOT easy!  NEWSY is unbiased but not deep enough. Being Independent does require you to watch news networks you don’t like. However, being Independent does not require you to watch national conventions. I … Continue reading Watching Paint Get Old & Moldy

Rationales R’ Us


Economists have two primary trade associations.  First, the American Economic Association (AEA) is the oldest and is oriented toward academic economists, more commonly known as “nerds.”  As far as I can tell, it has no ideological bent.  If you can still solve quadratic equations in the dark, this group might be for you.  Second, there … Continue reading Rationales R’ Us

Conflated . . .


When closely-related but different subjects are conflated, heated arguments are not uncommon. A week or so ago, there was a heated kerfluffle about voting and the Post Office.  My Republican friends became very animated, because others don’t see the problem of illegal voting as a big problem.  My Democratic friends became very animated, because others … Continue reading Conflated . . .

Attractive Hazard


If you build a swimming pool without a fence and a child drowns in it, you are guilty of creating an attractive hazard.  Did you really expect a child NOT to jump into the pool? If you require college students to return to campus during the Covid-era, knowing there are bars and party venues near … Continue reading Attractive Hazard

Kudos to the President


It is no small understatement to say I’ve been disappointed with our current RINO President, but he deserves kudos for the Israel-UAE deal he announced last week. Since the birth of Israel in 1946, Israel has been the most hated neighbor in a nasty neighborhood.  Slowly, it has made “peace” with Egypt and then Jordan.  … Continue reading Kudos to the President

All Clear . . .


Most people are overly-fearful of recessions and shouldn’t be.  Garden-variety recessions are routine.  They come and go.  The danger is that a garden-variety recession might morph into a financial crisis, which is much worse. We are certainly in a recession right now.  (In fact, it is a totally unique “flash depression,” which sounds worse than … Continue reading All Clear . . .

Historical or Emotional ?


Last summer, I visited the new National Memorial for Peace and Justice in Montgomery, Alabama, which is more widely known as “the lynching museum.”  Touring both campuses, it was a long day feeling one of the horrors of history come alive.  For example, I learned about the man that was lynched in my own hometown.  … Continue reading Historical or Emotional ?

Vaccine Rally . . . When?


There is widespread agreement on Wall Street that development of a Covid-19 vaccine will be bullish.  Of course, that’s true, but it also begs a few questions.  First, how will we know when there is a credible vaccine?  At completion of the phase three trials?  When a bio-pharma company says so?  When the CDC announces … Continue reading Vaccine Rally . . . When?

American Suppression


Both Republicans and Democrats agree the economy needs additional stimulus but disagree on the amount.  The Republicans believe $1 trillion is enough, while Democrats want no less than $2 trillion.  It should be emphasized that the Republicans think we do need $1 trillion! Now, the President freely admits he will stop that stimulus if it … Continue reading American Suppression

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