Author: Seth Levine

Motives Creating Negative Yields

Image by Annalise Batista from Pixabay I previously postulated that negative interest rates are destructive (though profitable) and that they negate human life on a profoundly fundamental level. If they’re so bad, then how and why do they exist? Well, clearly not everyone sees it my way. My proclamations must be hyperbole, right? Not so..

Read more

Negative Rates Are Destructive But Profitable

“Remember that Time is Money.” Benjamin Franklin, Advice to a Young Tradesman It’s unfortunate that such genius identifications as the above have long been forgotten by the economic community. First penned in 1748, Benjamin Franklin makes the connection between human effort—or rather the application of human effort towards productive work—and the effect/product, i.e. wealth. We..

Read more

Superforecasting A Bear Market

Image by rawpixel from Pixabay There’s an ongoing debate about whether or not the U.S. is approaching a recession. As an investor, this question is of utmost importance. It is precisely at these times when fortunes can be made and lost. There’s no shortage of pundits with strong opinions in both the affirmative and negative..

Read more

Improving Emotional Intelligence With DIVA

Image by geralt from Pixabay We investors live in a world of doubt and uncertainty. It’s impossible to know how well a trade will work out at inception no matter how good the analysis or signal. I’ve taken countless rides on emotional rollercoasters over the years—oscillating between extreme nausea and terror when big trades went..

Read more

Recovering Perma-Bear At A Crossroad

Image by a_roesler from Pixabay … cropped Hello, my name is Seth and I’m a recovering perma-bear. (Hi Seth.) It’s true that I used to think that doom was inevitably just another quarter or two away. I was hyper-aware of the business cycle and the encroachment of government into the free markets. Thus, I concluded..

Read more

Investing On Persistent Foundations

Image by David Mark from Pixabay The volatility in the investment markets over the past few months has been truly astonishing. Prices are violently fluctuating and the range of traditional volatility indicators like the VIX have exploded. Just look at the daily moves of the popular U.S. stock market indices for example. While it’s generally..

Read more

The Opportunity Of Misplaced Inflation

Image by Csaba Nagy from Pixabay The global economy is apparently facing a significant problem. Inflation’s gone missing! Central bankers can’t seem to stoke it no matter how deftly they act. Neither lowering interest rates to zero (and less) nor endless amounts of Quantitative Easing (QE) appear to make any difference. This, we’re told, is..

Read more

Podcast Interview With The Market Huddle

Image by bobbyrusso sourced from pixabay I joined Patrick Ceresna and Kevin Muir on The Market Huddle for a wide-ranging conversation covering all things macro. Be sure to stick around for the extended interview where we discussed some truly controversial subjects like reflexivity, inflation, the Eurodollar system, bank bailouts, and more. It was a lot..

Read more

To Fight The Fed Or Not

“Don’t Fight The Fed”! This was arguably the most successful investment strategy over the past ten years. There was also no easier way to tarnish one’s reputation and career than to ignore this profitable slogan, as many respectable money managers learned. However, given my assessment of the economic landscape and understanding of the bank’s inner..

Read more

Reflexivity Here In The Yield Curve & Everywhere

Image by Thomas Müller from Pixabay George Soros is about as close to a household name as it gets for a hedge fund manager. He’s legendary for his billions, “breaking” the Bank of England, and is even an alleged mastermind of left-wing, political conspiracy theories. For me, though, Mr. Soros’s theory of reflexivity is his..

Read more

All comments made on The Integrating Investor express personal opinions and should not be construed as investment advice or recommendations to purchase or sell any investment, product or service, nor should the content be relied upon for making investment decisions. Commentaries are for informational purposes only. Please do your own work before investing – fundamental, technical, quantitative or whatever your preferred method may be – as any action you take as a result of reading the content of this blog is ultimately your own responsibility.
Social media & sharing icons powered by UltimatelySocial