Letter From Mississippi

And Investment Outlook

Monday was warm and sunny in Belzoni, Mississippi. As I turned a corner in a downtown pocked with empty buildings, I was greeted with a genial “good morning” by a man with a holstered weapon on his hip, legal in an open-carry state. The post-Civil Rights Delta is a juxtaposition of amiable people, violence, progress and dysfunction.

I traveled to Missis…