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..
“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..
Image by QuinceMedia sourced from pixabay Powell’s Real Choice: His Reputation Or Esteem—Part 2 The following is Part 2 in a series discussing my belief that fiat currency regimes with central banks ultimately result in increasing amounts of leverage. Part 1 can be found here. I have to admit, I was about to “pull the..