The K-Shaped Economy: Why The Middle Class Moved Up.
A funny thing about bull markets is that investors develop a very short memory about the previous bear market. Such is why cycles repeat throughout history as lessons must be learned and relearned.
Stronger Dollar Trade: The Most Unexpected Macro Bet (Part 2)
Wall Street has piled into the dollar debasement story; however, as is always the case, when everyone is on one side of the trade, the other side becomes more compelling. In Part 1, we explored why Dollar Dominance Remains Alive […]
Dollar Dominance Remains Alive And Well (Part 1)
The dollar is supposed to be dying. We’ve heard that argument for the better part of a decade, and it’s getting louder, not quieter. The narrative goes that BRICS countries are building an alternative, that China is dumping Treasuries, that […]
Rising Interest Rates: Why The Narrative Fails Against The Data
A funny thing about bull markets is that investors develop a very short memory about the previous bear market. Such is why cycles repeat throughout history as lessons must be learned and relearned.
The Stagflation Narrative: What Doomers Get Wrong – Part II
A funny thing about bull markets is that investors develop a very short memory about the previous bear market. Such is why cycles repeat throughout history as lessons must be learned and relearned.
Commodity Supercycle: The Enemy Of The Bull Thesis (Part 1)
A funny thing about bull markets is that investors develop a very short memory about the previous bear market. Such is why cycles repeat throughout history as lessons must be learned and relearned.
A Robot Economy: Who Gets Rich, Who Gets Left Behind
A funny thing about bull markets is that investors develop a very short memory about the previous bear market. Such is why cycles repeat throughout history as lessons must be learned and relearned.
Government Debt: Not What The Doom Crowd Thinks It Is
A funny thing about bull markets is that investors develop a very short memory about the previous bear market. Such is why cycles repeat throughout history as lessons must be learned and relearned.
BLS Jobs Report Is Broken. Is There A Better Measure?
A funny thing about bull markets is that investors develop a very short memory about the previous bear market. Such is why cycles repeat throughout history as lessons must be learned and relearned.