Guesswork, Almost.
Banking scares go both ways - as deposits and credit disappears. The panic was the sound of something breaking.
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The World, How it Got Here, and a Stiff Drink
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- 5 days ago
- 3 min
Oh Snap!
Intervention, Intervention, Intervention. At what point do we let events run their natural course.
- Mar 8
- 3 min
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.
- Feb 15
- 3 min
Nine Month Delivery
After a strong start to the year, investors are hopeful for a rousing 2023. Beware of desperate exuberance.
- Jan 25
- 7 min
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.
- Jan 19
- 3 min
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.
- Jan 17
- 3 min
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..
- Jan 4
- 4 min
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.
- Nov 30, 2022
- 4 min
Get Your Head Out of Your Ass
Celebrity Icons like SBF and Elizabeth Holmes have replaced grown-up CEOs in Tech - and it shows.
- Nov 2, 2022
- 4 min
Bidenomics: A Half Time Report
With the November 8th midterms a looming: the 4717's half time report on Bidenomics, US industrial policy and central planning.
- Oct 26, 2022
- 3 min
That 70's Show
What is causing this double-knit, flared inflation?
- Oct 20, 2022
- 2 min
Credit and the Domino Effect
We may not know where the economy is going, but we know it is in interest rate shock. An educated guess where that will lead...
- Oct 13, 2022
- 3 min
Mind the Gap
The Bank of England stepped into stabilize the bond market. At some point it has to step out.
- Oct 4, 2022
- 2 min
Big Tech, Big Hang
The Big Tech Big Five have posted their softest results in over a year. They also have the market and the cash to clear the economy.
- Sep 26, 2022
- 2 min
A Futile and Stupid Gesture
Tech Bros untie in a futile and stupid gesture to get their money back. The Universe seems unimpressed.
- Sep 22, 2022
- 3 min
A Canary in a Coalmine
The drop in FedEx stock price took the market with it as the economy decelerates faster that expected.
- Sep 14, 2022
- 1 min
J. Crew As a Verb
What is getting J.Crewed? Why is it a verb? And what do underfed preppies have to do with finance?
- Sep 13, 2022
- 6 min
El Bitcoin!
El Salvador's Nayib Bukele has doubled down with his country's limited money to become bitcoin's ultimate crypto tech-bro.
- Sep 12, 2022
- 2 min
A Bear Market in the Woods
The Fed's strong approach to inflation has led to a double whammy in the bond market.
- May 27, 2022
- 3 min
The Wind and Free Markets
A quick history of the lateen sail, and global supply chains, brought to Europe from China via the Arabs.
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