Domestic & International Developments: Market Reaction and Assessment
About 45 years ago, a famous song appeared. As the years passed, the song’s popularity grew dramatically. The name of the song was “Brain Damage” and it started like this: The lunatic is on the grass The lunatic is on the grass Remembering games and daisy chains and...The Euro at 20: Cheating Death but Still Dysfunctional
On January 1st, the euro closed a circle of 20 years. The reality is that it remains a significant threat to European integration. The eurozone muddles along from crisis to crisis and the euro is one of the most important causes for that. By pushing countries into a...New Year: Factors Shaping Up Markets
During 2018, almost all major asset classes experienced declines. As previously commented, many sectors have dropped more than 20% since last September and while safe havens have made some gains during the last quarter, they still have not experienced yet the gains...Ideas and Ideology and the Disruption of the Disruptors: A Conversation Among Walter Bagehot, Abd al-Jabbar ibn Ahmad, Arthur Schlesinger, Hannah Arendt, Alexander Solzhenitsyn, and Friedrich Hegel
I boarded my usual end-of-year flight yesterday at Boston’s Logan airport. The ticket by itself was unconventional. It simply stated: “Destination at the pilot’s discretion.” That by itself was intriguing. The pilot was determined to disrupt the normalcy of flying....Sign Up for Our Publications
