Europe remains the focus of markets, and rightly so. But the picture is not as clear as one would like. Different analysts point to different problems – if only this one problem could be solved, then all this would go away, they tend to say. Sadly, it is not one problem but three that...
Read More »
Some people I read everything they write. Neils Jensen of Absolute Return Partners is one. Even when I am not sure I agree he challenges my thinking in ways that are sure to make me, and you, better investors.
Read More »
Yesterday was one fo the best days ever for the stock markets: What does it mean? I think it ultimately depends on factors unrelated to the move itself. Econompic provides us with some context: Obviously large one day moves in and of themselves tell us little about what is to come. So, let us...
Read More »
The Federal Reserve has for a long time eschewed increasing the money supply directly, and instead has manipulated credit to affect the economy and control inflation. This has led to three important things which are in my opinion at the root of this crisis. Asset price inflation (at least initially) as opposed to broader...
Read More »
Speculator buys commercial property, in a deal that only works if property values go up and financing stays easy. Boom! Billions lost. Download article as PDF
Read More »
If you are interested in joining our mailing list, please submit your email below.
