Insights for action, for global investors

Most Recent Commentary

Gag Treasury, You Gag the Market, Too

Like any issuer of securities, the department is itself part of the market.

Most Recent Media Appearance

Almost Nobody Got Laid Off Last Week

Trend Macrolytics writes in a note to clients:

Stunning. The lowest new claims number since 1969, when the labor force was only half as big as it is now… And one more thing — in our earnings season surprise-factor update, we are thrilled to tell you that with 106 of 500 companies reported, this is by multiples the best earnings season in history, despite the rampant upgrade surge we’ve experienced over the prior quarter.

Most Recent Recommended Reading

How smashing the NIMBYs created modern capitalism