Deglobalization and Disruption Meets Deconstruction: Isaiah Berlin and the Crooked Timber of Trading
Danny Rodrick might have been right after all when he argued in his 1997 book (titled Has Globalization Gone Too Far?) that we should be careful how far we are pushing the boundaries of globalization. Globalization inevitably gave rise to some tensions and facts, such...
Weekly Market Update
Market Action Global equities saw little change this week, but the yield on the US 10-year Treasury note dropped 8 basis points to 2.05%. The price of a barrel of West Texas Intermediate crude oil fell almost $5 to $55. 60 while volatility rose from 12.7 to 13.3, as...
Xenophon’s Oeconomicus Meets the Rabbits that Got the Guns
In last week’s commentary, we discussed some perspectives of gathering clouds over the short-term horizon (6-10 months). We expressed the opinion that caution is warranted regarding new market highs given that small caps do not follow the rally, and most importantly...
Weekly Market Update
Market Action Global equities were firmer on the week as major US indices reached record highs, with both the S&P 500 Index and the Dow Jones Industrial Average marking new milestones above 3,000 and 27,000, respectively. The yield on the US 10-year note rose 18...
When the Rabbits Get the Guns
Data from around the world show that economic activity is slowing down. At the same time, the trade uncertainty exacerbates the concerns that a slowdown crowned with an intensifying trade war during geopolitical disputes could derail growth and expectations at a time...
Crossroads: At the Intersection of Geopolitics and Geoeconomics
Here are some critical issues to watch around the globe over the coming month: North America At the G-20 summit this past weekend, the U.S. and China agreed to restart trade talks. This is a step in the right direction after trade tensions escalated with Chinese tech...
Weekly Market Update
Market Action Global equities were slightly lower on the week, with markets awaiting news from the ongoing G20 summit in Japan. Yields on the US 10-year Treasury note dipped 6 basis points to 2.00%, compared with last Friday, while the price of a barrel of West Texas...
Cryptocurrencies and Pseudocurrencies Meet Homer: The Tale of New Wine in Old Wineskins Continues
What happens if you put new wine into old wineskins? Simply, the old wineskin will burst during the process of fermentation and then a mess will be created, value will be destroyed, and productive resources will be wasted. Societies have been experimenting with fiat...
Weekly Market Update
Market Action Global equities rose last week on hopes that looser monetary policy will keep the global economic expansion intact and on news that US – China trade talks will resume at next week's G20 meeting. Yields on the US 10-year Treasury note fell below 2% late...
Weaponizing Foolhardiness in the Midst of Rising Geopolitical and Geoeconomic Risks
“My fellow Americans, the time has come to confront the Chinese in the only way they know. Money talks and when money talks everyone is condemned to listen. Therefore, effective next Monday we are suspending the trading of all Chinese companies which are traded in...
