Recent Articles
POPULISM TAKES A WRONG TURN AND INTERIM UPDATE AND COMMENT
Click here to view as PDF. “Would higher inflation lead to stronger equity market returns? Here the answer is a…
The Trump Trade
Click to view as PDF. DISCLOSURE: This material has been prepared or is distributed solely for informational purposes only and is…
(Too?) Great Expectations
Click here to view as PDF. “We don’t see things as they are, we see them as we are.” -ANAIS…
Stop the Presses!
Click here to view as PDF. “If Trump wins, I’m leaving the country. If Hillary wins, I’m leaving the country.…
The Art of Unlearning
Click here to view as PDF. “There’s a huge layer of the economy unseen in the official data and…unaccounted for…
Big government, even bigger sins.
Click here to view as PDF. “Impressive scholarly research has demonstrated that the government spending multiplier is in fact negative,…
The 5 Cs—Could Congress Create Consecutive Crises?
Click here to view as PDF. “Most investors are not well-equipped for an analysis of that kind (political risk). They…
ULTRA-EASY MONEY: DIGGING THE HOLE DEEPER?
Click here to view as PDF. “To combat the depression by a forced credit expansion is to attempt to cure…
DEBATE: A TRUMP WIN AND THE DOLLAR
Click here to view as PDF. “Each generation will reap what the former generation has sown.” -CHINESE PROVERB “If everybody…
How much does the stock market have left in the tank?
Click here to view as PDF. “But we are restricted from investing in that wider range of assets…it could be…
When the spread isn’t the thing.
Click here to view as PDF. “Central banks are the largest blind buyers in the world, accumulating trillions of dollars…
FROM THE NEW NORMAL TO THE NEW CRAZY
Click to view as PDF. “Monetary policy is not a panacea…Most of the policies that support robust economic growth in…