2025 Week 13
"But what experience and history teach is this – that peoples and governments never have learned anything from history, or acted on principles deduced from it." ~ Georg Wilhelm Friedrich Hegel, 1837
Topic
Observations
A collection of 9 issues
2005 Week 10
Once upon a time, Citigroup CEO Chuck Prince said, “When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing.” It was July 9, 2007, just before the whole thing blew up.
2025 Week 09
And so, after 34 days of watching the new U.S. administration in action, we find ourselves at a similar inflection point as "the fat lady." The next round of geopolitical maneuvers will likely have profound consequences for stocks and bonds.
2025 Week 08
About those tariffs. Learn about the plan to offload U.S. debt by compelling trading partners to finance past excesses. It also leverages security protection to force allies into purchasing "century" bonds, while imposing tariffs on countries that refuse to help shoulder America's massive deficits.
2025 Week 03
Götterdämmerung! The fat lady is about to sing!
2025 Week 02
The once and future trade deficit battle arrives in 15 days. Are you ready for it?
2025 Week 01
Something tells me this will be a year for the history books. Two key areas market participants have high hopes for, Bitcoin and animal spirits, will be tested. Oh, and there's a potential trade war on the horizon.
2024 Week 52
For decades, the so-called "global macro" investment strategy produced only so-so returns because looking into the future of a more-or-less stable world was not that difficult and therefore, contributed little value. But the catalyst for the next episode of dramatic change has arrived for investors.
2024 Week 51
About that infinite money glitch scheme known as MicroStrategy, “Every strategy has its limits at some point. Sometimes it’s like a structural thing where the market just cannot handle any more, like you’re kind of seeing now. Sometimes it’s more based on the particulars of the strategy.”