Newsletter: Financial Instability-A Question of Leverage How do we distinguish between good and bad leverage? Previously unpublished research.
Blog: Is Market Optimism a fool's hope? "There was never much hope. Just a fool's hope . . ." -Gandalf
Blog: Monetary Inflation May be Waking Up As supply side inflation falls, monetary inflation may be rising.
Blog: Inflation glide path - Linear or Non-linear? When it comes to inflation, investors are using "two dimensional thinking"
Blog: Is the Yield Curve un-inverting or steepening? What would George Carlin say? Whichever you prefer, its not good news.