Dividend Cafe is the place to come for a caffeinated stroll through our investment brain. We combine weekly ad hoc market perspective with evergreen truths and principles, covering a wide array of topics from macroeconomic to vanilla asset allocation. We want it to be readable for people of all levels of investor sophistication, and, most importantly, want it to be an authentic reflection of what we believe. The regurgitation of other’s investment perspective can be found anywhere. The Dividend Cafe is our material, for good or for bad.

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Exceptional Markets Require an Exceptional Economic Framework – September 5, 2025

A little economics. A little history. A little national pride. And some warnings to take seriously about the future.
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Separation of Business and State – August 29, 2025

This week, we examine the market ramifications of recent announcements made by the Trump administration that are relevant to all investors.
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The Fed Part No One is Talking About – August 22, 2025

A crucial part of monetary policy remains very lightly covered - the use of the Fed's balance sheet as a tool of monetary policy.
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Finally, Some Perfect Clarity about Inflation – August 15, 2025

I want to do a refreshed assessment of the state of inflation. It was quite a week, and the conversation is highly politicized.
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Economic Forecasting for Non-Astrologers – August 8, 2025

What we are going to do in the Dividend Cafe today is not focus on where the economy is going, but actually re-ask the question, ...
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How Should the Trump Tariffs Be Assessed? – August 1, 2025

Today, we will look at what will matter, so that at least when it is time to issue a real report card, we know how ...
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The Reality of American Manufacturing – July 25, 2025

Today, the Dividend Cafe seeks to unpack deeper truths about the state of U.S. manufacturing, with an eye towards what it means for the American ...
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What to Learn from the Worst Business Deal in History – July 18, 2025

Today, we have a history lesson in the largest wealth-destructive event in history, and lessons for investors seeking to do the right thing.
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A Referee’s Take on the Big, Beautiful Bill – July 11, 2025

The One Big Beautiful Bill Act requires commentary and analysis rooted in truth. The bill has some big problems and does some good things.
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