North Point of View

When COVID hit us, we flopped like a rock. We gave Americans five and a half trillion dollars. That boosted the economy way above the trend line and we've been trying to get back to that trend line since. In in 2019 we were at $500 billion a month of retail sales. One would have said that by 2023 we're going to be maybe at $550 billion but we're currently at $600 billion a month and we've been the...

A zero percent inflation rate may look elegant mathematically, but the mathematical model built represents no universe that any human being has ever lived in. Back then, Milton Friedman, the Nobel laureate, said that he thinks inflation target should be two percent. He didn't say zero, and there were a lot of economic commentaries about this. If you target zero percent inflation, you're making it...

Japan's recession during the 90's lasted over two decades and the stock market was flat for literally 20 plus years. It is considered one of the longest-running economic crises in recorded history. Mark Hall and Walter Kemmsies continue their discussion from previous episode regarding China's current debt situation and what are the parallels with Japan of the 90's.   #savannah #savannahrealestate...

A recent article in the Savannah paper reported the partnership between Hyundai and Georgia Tech on hydrogen technology. Even though E.V. just got here, could they be headed out already? The question is… is today's E.V. the Betamax of yesterday? Hyundai announced in Savannah their big presentation, they mentioned hydrogen four times and E.V. twice. Is that a sign of what’s to come? A year ago, an...

The threat or the worry over recession has been the theme or a sub-theme for the last year. At the same time the stock market has been on a run. If we're so worried about a recession, why does the stock market continue to climb? A recession has been predicted now for the last 12 months and the economy seems to be sort of chugging along pretty well. But why would you be concerned? One is the yield...

China’s debt to GDP ration is 297%. Some of the increase in debt is because of the belt and road initiative. They lent money to a lot of countries to build infrastructure. That infrastructure hasn’t really paid off. China also has a lot of infrastructure that’s not being used in some of the poorest cantons. High speed rails, multiple airports that have been empty they finally just shut it down. On...

In this episode, Mark Hall and Dr. Walter Kemmsies discuss how circular economy works. The concept of recycling, renewables and repurposing can help increase profits. One case study on this podcast is Rivian Automotive. Their target for their products is net zero. Both on the front end and back end. Tune in to find out how it's being done.   #savannah #savannahrealestate #savannahga #wsj #rivian #...

A stock broker said to another stock broker: "We need chaos to make money. When is flat and predictable, nobody trades. We don't make money. What we need is turbulence." In this episode, Mark Hall and Dr. Walter Kemmsies discuss the $5 trillion stimulus spending during the pandemic, supply chain issues. Are we going back to the trend line?   #savannah #savannahrealestate #savannahga #wsj

In this episode, Mark Hall and Dr. Walter Kemmsies continue their spirited discussion on biases. Sharing their personal experiences on how it affect business and personal decisions. "One in every ten people that looks at you, dislike you on sight for no know reason." Why is that? Tune in to find out. #malcolmgladwell #blink #savannah #savannahrealestate #savannahga #wsj

The Wall Street Journal wrote that, Ford electric vehicle owners will soon gain access to Tesla’s vast EV charging network, according to the CEOs of both companies. But Dr. Walter Kemmsies is still bias against electric vehicles. Mark Hall finds out why. #wsj #savannah #savannahga #savannahrealestate #fordmotorcompany #tesla #teslastock #evcharging #evchargers

In this episode Mark Hall and Walter Kemmsies discuss Security vs Prosperity, market based system vs command system. A small group of people making all the decisions, deciding what you watch, what you wear and where to live. The constant tension of open free market and monopolization of good and services. The discussion also delved into the topic of A.I. It's impact to an industry, advantages and...

In this episode, Mark Hall and Dr. Walter Kemmsies discuss how Vertical Integration work. In order to compete with big retailers like Amazon, Walmart and Target, mid size retailers combine resources to apply vertical integration in order to save time and money and gain an edge. Tune in to learn how to go vertical. northpointdev.com kemmsiesgroup.com

In this episode, Mark Hall and Dr. Walter Kemmsies discuss the state of the ports in the US. In August 2020, Top 10 port authorities around the country started to handle over 2 million imported containers (TUE) a month. That trend continue to 25 consecutive months of peak season import volumes. The trucking industries and trains were stretched to the limit and unable to handle the volumes. Since A...

In this episode, Mark Hall and Dr. Walter Kemmsies discuss the convergence of missteps and mistakes this past year and a half. The firing and hiring of workers in the US. The $5 trillion fiscal and monetary stimuli. Political instability with Russia invading Ukraine, US provoking China over Taiwan. China’s reaction to COVID. Despite the errors, we're starting to see light at the end of the tunnel....

In this episode Dr. Walter Kemmsies and Mark Hall discuss how Margin Compression could feed into overall longterm profitability projection and what the stock market does. northpointdev.com kemmsiesgroup.com

The present 2M alliance, Maersk and MSC to terminate their partnership effective January 2025. What impact will occur to the shipping industry when that happens? northpointdev.com kemmsiesgroup.com

In this episode, Mark Hall and Dr. Walter Kemmsies discuss Home Construction, affordable housing and infrastructure needed for the growing work force in the south east. Most communities want jobs and growth but the disconnect is in the will to provide the resources needed for it to happen. northpointdev.com kemmsiesgroup.com

Mark Hall and Dr. Walter Kemmsies discuss labor force. Unemployment fell to 3.4 percent. 517,000 new hire was shocking. Do we have an immigration policy in place? What is the Philips curve? Is our population shrinking? Tune in for clarity. northpointdev.com kemmsiesgroup.com

In this episode, Mark Hall and Dr. Walter Kemmsies discuss the misconception of a recession, GDP contraction in the first three quarters and possible expansion on the fourth. Inflation has already peaked in July of last year and wage growth peaked in March of 2022. northpointdev.com kemmsiesgroup.com

Mark Hall and Dr. Walter Kemmsies discuss the difference between World Trade and Globalization. northpointdev.com kemmsiesgroup.com

What to expect in 2023? Mark Hall and Dr. Walter Kemmsies discuss Ukraine/Russia and China. Speculation if the Feds will cut rates in the first half of the year and what to expect on the second half. northpointdev.com kemmsiesgroup.com

The Feds' incredible interest rate error caused a recession in the consumer goods industry. Cost to ship a container from China dropped below the trend line. Seven months later, a transportation recession occurred. Food production within North America went down significantly. Grocery prices skyrocketed. Stay tuned for part two: Predictions for 2023. northpointdev.com kemmsiesgroup.com

Soccer is the great equalizer, regardless of your skin tone, religion or country of origin. At the end of the day it's about fellowship and camaraderie but what does it teaches us about life and business? northpointdev.com kemmsiesgroup.com

Mark Hall and Dr. Walter Kemmsies discuss President Xi Jinping's Communist Party and the country's failed COVID policies, its near total control over its people and the desire to be the number one global superpower. northpointdev.com kemmsiesgroup.com

Dr. Walter Kemmsies and Mark Hall discuss the pros and cons of hydrogen fuel as an alternative to EV. In the shipping industry Mearsk is exploring hydrogen as the primary fuel for their ships. northpointdev.com kemmsiesgroup.com