Guesswork, Almost.
Banking scares go both ways - as deposits and credit disappears. The panic was the sound of something breaking.
top of page
The World, How it Got Here, and a Stiff Drink
Exchange
Oh Snap!
Intervention, Intervention, Intervention. At what point do we let events run their natural course.
Mind the No. 9 Slope
Ignore all the chatter about recessions and soft landings. Look at the yield curve on Treasuries... and brace for impact.
Nine Month Delivery
After a strong start to the year, investors are hopeful for a rousing 2023. Beware of desperate exuberance.
An Inquiry into What in the Hell We Plan to do About Our Maxxed-out Uncle Sam
The Government has maxed-out its credit, but won't stop spending. Default looms and zaniness ensues.
Davos Attendees Split on Economic Outlook, Sno-Bunnies.
Dispatch from the bar at the World Economic Forum in Davos: The end ins't ending, just confused.
Bond Jollies Will Carry On
Bond Markets have come off their worst year since ever. The market is looking up, but don't expect a reset to boring. The jollies continue..
Well, That Sucked...
2022 was the worst year for stocks since 2008, and the worst of bonds, ever. Crypto was a mighty train wreck. Happy New Year.
Get Your Head Out of Your Ass
Celebrity Icons like SBF and Elizabeth Holmes have replaced grown-up CEOs in Tech - and it shows.
bottom of page