Blog: Warsh Whiffs his Second Time At Bat

We live in times that are both interesting and boring.

Blog: AI and Tariffs and War. Oh my!

The bond market is expecting to find something worse than a cowardly lion.

Blog: Oil Price Complacency May Soon be Tested

The mechanism for stabilizing oil is not sustainable.

Blog: Is Emerging Market Risk Different From the Others?

EM may be a better reflection of AI Bubble risks.

Blog: Bubbles and Propaganda

Deception is involved in both cases.

Blog: The Age of Ambiguity

So much information. So little meaning.

Blog: The Law of Unintended Consequences, Complexity and Markets

Overconfidence in a complex environment can lead decision makers and investors astray.

Blog: El Nino and Commodities 2026

El Nino is a positive for consumers but a negative for markets on average. This time around geopolitical factors may dominate the climate.

Blog: Which Type of Inflation Are We Facing?

Rate hikes may not curb today's inflation.