Postcards: Boca, Business, and The View...

My garden is filled with papayas and mangos. My life is a mixture of reggaes and tangos. Taste for the good life, I can live it no other way... (Jimmy Buffett)

Dear Fellow Expat:

Greetings from Boca Raton.

I’m sitting on the balcony at the Beach Club of The Boca Raton.

There’s luxury… and then there is this hotel.

Wow… I just came over for a conference this morning, and now I want to make this the capital of the Florida Republic.

Apparently, they decided that it was a good morning to do construction on the beach-front properties.

It sounds like a dentist's drill on NFL stadium-level speakers… all while I sit here and see one of the prettiest beach views that rivals Greek sunsets or the views of Malibu or Laguna Beach. 

That’s a pretty metaphor for the state of affairs.

There is positive economic news… but there is NOISE all around us.

Today, U.S. GDP came in at 2.4% for the quarter. This beat expectations. The economy and the consumer are resilient, even if we continue to bleat about crumbling manufacturing numbers and weakness in the financial sector.