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Guesswork, Almost.
Banking scares go both ways - as deposits and credit disappears. The panic was the sound of something breaking.
Mar 23, 20232 min read


Nine Month Delivery
After a strong start to the year, investors are hopeful for a rousing 2023. Beware of desperate exuberance.
Feb 15, 20233 min read


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 25, 20237 min read


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 19, 20233 min read


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 17, 20233 min read


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.
Jan 4, 20234 min read


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 30, 20224 min read


That 70's Show
What is causing this double-knit, flared inflation?
Oct 26, 20223 min read


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 20, 20222 min read


Mind the Gap
The Bank of England stepped into stabilize the bond market. At some point it has to step out.
Oct 13, 20223 min read


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.
Oct 4, 20222 min read


A Futile and Stupid Gesture
Tech Bros untie in a futile and stupid gesture to get their money back. The Universe seems unimpressed.
Sep 26, 20222 min read


A Canary in a Coalmine
The drop in FedEx stock price took the market with it as the economy decelerates faster that expected.
Sep 22, 20223 min read
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