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{{Infobox financial newsletter writer, music composer |
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|name = Steven Jon Kaplan |
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|image = StevenJonKaplan.jpg |
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|caption = Steven Jon Kaplan in Manhattan, December 2011 |
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|background = financial newsletter writer, music composer |
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|birth_name = Steven Jon Kaplan |
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|birth_date = {{birth date|1960|5|5|m=y}} |
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|birth_place = [[Baltimore]], [[United States]] |
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|instrument = Piano, vocals, recorder |
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|genre = [[Folk music|Folk]], [[folk rock]] |
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|occupation = Financial newsletter writer<br />Music composer |
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|website = http://truecontrarian.com/ |
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Revision as of 17:51, 12 July 2013
Steven Jon Kaplan | |
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![]() Steven Jon Kaplan in Manhattan, December 2011. | |
Born | May 5, 1960 Baltimore, United States |
Pen name | True Contrarian |
Occupation | Composer |
Nationality | American |
Genre | Contrarian |
Subject | Music |
Website | |
http://truecontrarian.com/ |
Steven Jon Kaplan (born May 5, 1960) is a financial newsletter writer and music composer best known for his "True Contrarian" analyses of the worldwide financial markets and for his humorous whaling ballad in the style of the traditional music of Newfoundland and Labrador.
Early life
Steven Jon Kaplan was born in Baltimore on May 5, 1960 to Irving I. Kaplan and Jo Sande Kaplan. For a decade, Kaplan was a piano student at Peabody Institute where he spent six years in the musicianship program. This course of study was closely connected with The Walden School, a summer music camp where Kaplan learned valuable lessons as a teenager about music composition and interpersonal relationships, and began to develop his contrarian outlook on life. Kaplan graduated from Milford Mill Academy in 1978 and from the Johns Hopkins University in 1982 with a degree in electrical engineering.
Journalist
Kaplan
Later life
Kaplan
Works
Steven Jon Kaplan released his first CD in 1998, entitled "Temptation". His song "I Long to Go A' Whalin'" ends with the following verse:
I'm livin' the domestic life;
My whalin's gone for good.
I long to cruise the ocean again;
Alas, if ever I could.
I only see the fishes
When they're fryin' in the pan,
And I only feel the water's foam
As I'm cleanin' the pots by hand!
In a later Calypso composition, the last verse of "In a Child's Eyes" considers the world from the point of view of one who is too young to understand complexity:
To a child, love’s unconditional;
Ever modern, yet heartbreakingly traditional.
There is no halfway spot, no lengthy compromising;
You’re either good or not, you’ll soon be realizing.
Should you become their friend, they’ll tell you their best secret things;
And it will never end, the joy that such a friendship brings.
Love is forever with no lies
In a child’s eyes.
In his financial writings, Kaplan commented on his public blog[1] to debunk the popular concept that the U.S. dollar will surrender its role as the world's reserve currency:
What is often forgotten by investors is that when the global economy began to contract in the second half of 2008 and into the early weeks of 2009, one of the prime beneficiaries was the U.S. dollar index, which surged to a three-year peak by early March 2009. The decline of the greenback which began on March 4, 2009 was one of the most reliable signals that worldwide stock markets would initiate a powerful rally, which is of course exactly what they did for roughly two years thereafter. While many believe that China or Switzerland or Japan or some other country has taken over the role of a safe-haven currency, none of the above or any other currency has proven itself during a period of economic crisis. Robert Frost said that home is the place where, when you have to go there, they have to take you in. The U.S. dollar is often derided when times are good, but when the going gets tough, investors will always crowd into the greenback because there's no other viable alternative which is sufficiently liquid and predictable and which has a proven track record of rallying when almost all risk assets around the world are slumping. When the world goes into a double-dip recession, the U.S. will of course suffer also, but it will be hurt less than almost everywhere else just as had been the case during the previous bear market.
Family
Kaplan's family includes
References
- ^ Holler for the Dollar (TrueContrarian.com: July 26, 2011)