Seeking Edmund Burke’s Foresight
Ideological sclerotic politics can lead to tyranny. Adopting inflexible stands in an ever-changing market can lead to portfolio fragility. Ignoring the principle of prudence can inflict instability on both our portfolios and our politics. Edmund Burke could be...Statecraft, Geopolitics, and Market Outlook, Part I: Etiolation and the Lessons from Herodotus, Dante, and George Kennan
John E. Charalambakis Herodotus made the call. Dante was on the other side answering the call at 1600 Pennsylvania Avenue. George F. Kennan was summoned in order to break the news to the President: The Chinese just announced the annexation of the Scarborough Shoal....Market Fundamentals and Direction, Part II: Caesar, Bach, and the Day After
In the first part of this commentary, we examined two contrasting views of the market’s direction. The one describes a resilient economy. The other raises concerns about economic fundamentals that cannot justify significant equity exposure. As the commentary...The Anatomy of Underpinning Upheavals, Part III: Money, Kant, and the Platonic Shadows
Is there a Kantian Categorical Imperative for change in the international reserve system? A recent article by Bloomberg had the following introductory note: “All around the world, a backlash is brewing against the hegemony of the US dollar. Brazil...Sign Up for Our Publications
