In this week’s EVA, we are running a special podcast edition of David Hay’s recent interview on MacroVoices with hedge fund manager, Erik Townsend. The conversation shines the spotlight on a phrase coined by Dave, “Greenflation”, but also touches on stocks, precious metals, and more. For time-pressed EVA recipients, below is a summary of Dave’s key comments, basically an abbreviated transcript. Read More
Below are Evergreen Gavekal's Likes/Dislikes for October 29th, 2021. Read More
As is the case with Evergreen, our partner firm Gavekal encourages an environment of “opinion exchanges”. In the latter case, much of that stems from the inherent philosophical divergences regarding economics and politics between its three co-founders. Read More
This week’s guest EVA comes from one of our favorite contributing authors, Gerard Minack, and his highly regarded publication: Down Under Daily. Whenever someone we hold in high esteem comments on an area we like too, we are eager to share it with our readers (yes, that could be called confirmation bias!). Read More
Below are Evergreen Gavekal's Likes/Dislikes for October 22nd, 2021. Read More
Below are Evergreen Gavekal's Likes/Dislikes for October 15th, 2021. Read More
In this week’s newsletter, Gavekal’s Will Denyer talks about how the US Treasury continues to grapple with figuring out how much money it should pump into the American economy. With the government already running a staggering deficit, how they decide to proceed appears to be a largely looming question for the precedent of American fiscal policy going forward. Read More
This is part two of our discourse regarding green energy and its profound – and somewhat misunderstood - impact on the global economy. In this issue, we specifically home in on China and how that country’s immense power needs are affecting the energy ecosystem at large. Read More
As I have written in past EVAs, it amazes me how little of the intense inflation debate in 2021 centered on the inflationary implications of the Green Energy transition. Perhaps it is because there is a built-in assumption that using more renewables should lower energy costs since the sun and the wind provide “free power”. Read More
Below are Evergreen Gavekal's Likes/Dislikes for October 8th, 2021. Read More
