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...There is Too Much Money in the System
Different manifestations of money are better understood than others. The paper bills in our wallets and the digits sitting in our checking and savings accounts at the bank are easily understood. Since the Financial Crisis, investors and market participants have had to...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...Burning Money: The Harm and Waste of Gas Flaring
It’s a striking image: a line of stick-thin metal towers arrayed across oilfields, spewing fireballs that wave like orange flags against the blue sky. The towers, appropriately called flare stacks, burn the gas that is produced during oil extraction in a process...Decoding Carbon Removal: Innovative Methods for Removing Greenhouse Gas
There are several different avenues of approach that have emerged to combat climate change. One is carbon reduction which includes the removal of carbon from the atmosphere. Subsequently, a new carbon trading sector has emerged and carbon emissions has become one of...Sign Up for Our Publications
