Blog: The Inflation Outlook Is Worse Than it Looks Fed policy may not be as affective as investors think.
Blog - Leverage is Increasing: Is that a good thing, or a bad thing? A couple of weeks ago I mentioned that leverage is rising. Many people think leverage, which is going into debt, is always bad. Others feel the opposite. The fact that most people in the middle class borrow at least 80% of the value of their homes to buy them is
Blog: Can China Make the Phase Transition to Complexity? Will Chinese government allow their economy to develop an invisible hand?
Blog: Is the AI Bubble here? Looking at the Bubble Checklist Bubble talk is premature. But we're getting there.