Necessary but Insufficient: Monetary Boogeymen and Valuations
Over 200 years after the fall of Genghis Khan his empire was in tatters, split up among warring factions divided by tribalism and nominally ruled by outsiders in China and the Middle East. The title of “Khan” was still sought after for the status and privilege it...
Weekly Market Update
Global Market News Global equities little changed on the weekGlobal equities were little changed on the week after we saw several days of losses following a positive week last week. The US 10-year Treasury note eased to 0.74% after its rise to 0.79% last week and the...
Covid-19, US Elections, and the Day After
At a time when conflicting voices are raised as to when full recovery will arrive, we are pleased to present below a summary of four articles with unique insights that may have an impact on our lives and portfolios in the medium term. The US Election and Your...
TIGER and False Prophets: Economic Recovery (diachronic vs. synchronic in Herodotus’s tradition) at the Dawn of 2021
The Great Wall of Steroids (a.k.a. China), in their propaganda war to subjugate other countries into their own illiberal image (see our posting of April 14th), wants us to believe that they are growing and that their economic indicators are now higher they have ever...
Covid-19, US Elections, and the Day After
At a time when conflicting voices are raised as to when full recovery will arrive, we are pleased to present below a summary of four articles with unique insights that may have an impact on our lives and portfolios in the medium term. A New Cold War: Trump, Xi and the...
Fertilizers in the Market’s Vineyard: From Delos to Athens and the Skepticism of Montaigne
It has become common belief and even market strategy the dogma “don’t fight the Fed”. Once the Fed decided to follow an expansionary accommodative policy (at the onset of the 2008 financial crisis), the market has been on an upswing that defies fundamentals and,...
Weekly Market Update
Global Market News Global equities make gainsGlobal equities made some gains this week after multiple weeks of decline. Markets rallied strongly early in the week but lost ground on Friday after President Trump announced he has tested positive for Covid-19 and the US...
Crossroads: At the Intersection of Geopolitics and Geoeconomics
Here is a summary of the most important events that took place last month, and as they are unfolding may affect economic, financial and geopolitical issues in the months ahead: North America The run up to November’s presidential election has been full of drama so...
Covid-19, US Elections, and the Day After
At a time when conflicting voices are raised as to when full recovery will arrive, we are pleased to present below a summary of four articles with unique insights that may have an impact on our lives and portfolios in the medium term. Inflation Is Already Here—For the...
Where Corporate Profits Come From: Deficits and COVID-19
There are a number of variables, factors, and principles that overlap between both Microeconomics and Macroeconomics: interest rates, wages, investment, taxation, among many others. Millions of students around the world will explore these ideas and drivers as they...
