Apr 22, 2020
There’s no silver bullet to manage Black Swans, otherwise they wouldn’t be called Black Swans.
Jan 10, 2019
The quip, “if you aren’t confused, you aren’t paying attention” needs to be replaced: “with the Fed confused, you better pay attention.” You may want to buckle up. Let me explain.
Oct 3, 2018
Why is it that Italy causes such a stir in financial markets when proposing a budget? Is it politics or is the stability of the financial system at stake? In our assessment, the best way to avert a crisis is to allow market forces to play out.
Jul 25, 2018
Trump suggests the U.S. is put at a “disadvantage” given that the European Central Bank and Bank of Japan continue their more expansionary monetary policies. Markets reacted by selling off the dollar versus major currencies.
Jun 7, 2018
My current baseline scenario is that this economy will be brought to its knees the way a typical economic cycle comes to an end: a booming economy slows down due to Fed tightening.
May 17, 2018
Flattening Yield Curve Is Good for Investors
Apr 12, 2018
Those who own gold often argue how to best own it. I encourage anyone holding gold to assess the pros and cons of different choices of gold ownership to make an educated rather than emotional decision. Let me explain.
Mar 20, 2018
We don’t have a crystal ball, but what we do know is that with all the noise there is, the most important thing may be to have a plan.