Topic
Economy
A collection of 95 issues
Blog: Did the Market Groundhog see it's Shadow in the Jobs Numbers?
The bond market says yes. The stock market says no.
Blog: Are "Real" Rates High?
The moderate inflation regime justifies a higher real rate.
Blog: Bitcoin - Value vs. Utility, or, "Is Bitcoin Useful?"
Bitcoin. What is it good for?
Blog: The Goalie's Dilemma-Increasing Uncertainty to Reduce Risk
When risk and uncertainty are not synonymous.
Blog: Are Markets Seeing Patterns in the Dark?
Fed Chairman, Jerome Powell, displayed cautious optimism last week as the FOMC left rates unchanged. In fact, the FOMC as a whole seemed in an upbeat mood with the famous "dot plot" indicating 75 basis points of easing next year.
The markets turned Powell's cautious optimism
Newsletter: Financial Instability-A Question of Leverage
How do we distinguish between good and bad leverage? Previously unpublished research.
Blog: Return Factor Illusions
"Factor zoos" are doubly so.
Blog: Is a low VIX "the dog that didn't bark?"
Is absence of evidence a clue?
Blog: Is Market Optimism a fool's hope?
"There was never much hope. Just a fool's hope . . ."
-Gandalf