Geopolitical Challenges and Statecraft
The world may be reaching another inflection point in the next few years. Instability (political, economic, social, financial) and upheaval may be reaching alarming levels. Consequently, the global balance of power may be shifting. The act of rebalancing the...Productivity Trajectory and the Chinese Question: Portfolios and the Impact of the Incoming Administration’s Stimuli Packages
Last Thursday (January 14th), the team of the President-Elect proposed a new stimulus package close to $2 trillion. Within a few minutes, the markets reversed gains and ended the day down. The bond markets also sold off and the yields – while they were dropping in the...Weekly Market Update
Global Market News Global equities down on the weekGlobal equities were down on the week despite President-Elect Joe Biden’s proposal of another Covid-19 relief package. The yield on the US 10-year Treasury note changed little on the week, ending at 1.09%. The...Covid-19 and the Day After
Here is our take on the articles summarized below: While central bank policies and speculation have propelled markets to new highs in 2020, the global economy remains in a deep recession. The markets will not be able to rely on fiscal support forever and rising...Taxes, Royalties, and Idea Generation
“The best business is a royalty on the growth of others, requiring little capital itself.” – Warren Buffett “Simplicity is the ultimate sophistication.” – Leonardo da Vinci Leverage does wonders to a business, both on the way up and the way down. We see it reflected...Sign Up for Our Publications
