May 3, 2022 In the 80's we had 'Tears are Not Enough', 'Do They Know It's Christmas' and 'We Are The World', to spur civilization to make the world a better place. Now 40 years later it doesn't seem to be working. It is easy to consider the Russian invasion of Ukraine and the cost… Continue reading It’s Not You . . . It’s Them
May 2, 2022 Markets are doing strange things. Too much money, chasing too few ideas, in a world where money can be moved easily, is leading to exceptional moves in the financial markets, housing markets, currency markets, debt markets, really any market. Warren Buffet spent the weekend railing against the 'casino' that has been created… Continue reading Cracks In the Foundation
April 26, 2022 There are many ways to put spare cash to work, and bullish investment houses have been sticking with the theme that a recession is avoidable. Of course bearish opinions are rampant at this point as well, declaring that markets are facing everything from a 'breather' to a very bad recession. The latest… Continue reading What’s It Worth
April 19th, 2022 One of the hallmarks of the pandemic response in most countries has been central banks holding interest rates unusually low, flooding the market with cash and making excessive spending possible without serious repercussions. This space has highlighted that the US could soon lose control of their interest rates, and this statement is… Continue reading Losing Control of Rates
April 11, 2022 Three themes have underpinned most of the ideas here, and all three of them have experienced pretty major upheaval over the past two weeks. Arguably, the most important is interest rates. This is followed by debt levels and finally equity markets. Interest rates have soared yet again over the past three weeks.… Continue reading Turmoil Is Underway
March 21, 2022 It has been over a month since this space has been updated, and the markets continue to be very volatile. On February 24th, Russia began their invasion and at that time the market had worked its way down to about 4,150 based on the fear of what would happen. Since then the… Continue reading Up? Down? What Now?
February 19, 2022 Investors have become so conditioned to prices rising, that it is a wonder that markets are continuing to fall. Unfortunately markets are dealing with a risk which it can't effectively measure with the tensions over Ukraine and the Russian threat to the country. So prices are moving down. Perhaps these are more… Continue reading Buying Opportunities?
January 26th, 2022 Did you hear the one about the cruise ship that can't pay for fuel? In my post on January 24th, "Craving Capital", I highlighted that many market participants are likely over extended, just as the Federal Reserve is starting to pull capital back out of the system. And then the news broke… Continue reading Did You Hear The One . . .
January 25, 2022 This won't be a long post, but perhaps it's importance will be obvious in the near future. In a similar fashion it doesn't hold answers, but simple questions about what in the world is going on. Volatility is highly, highly unusual. If you watched the intraday action for the markets over the… Continue reading Unusual Volatility
January 24, 2022 The financial world has been overcome with a binary switch over the past forty years or so. It's the idea of risk-on or risk-off. Many times headlines on venues such as CNBC, Marketwatch, even Bloomberg, talk about market conditions being risk-on or risk-off. The big money, those who invest in the hundreds… Continue reading Craving Capital