Blog: Are the Markets Underreacting to "the biggest energy shock in history?"
Markets are feeling optimistic, despite a wounded energy economy.
Topic
Shocks
A collection of 16 issues
Blog: Unlike Political Regime Change, the Market Shifts Regimes by Itself
The market uncertainty state turns Fragile in the face of war.
Blog: Is This the End of the AI/Crypto/Gold Bubble?
Maybe, but Maybe not.
Blog: Will the Markets Lose Complexity?
Political constraints may make markets less adaptable and resilient.
Blog: Happy New Year, But Don't Get Cocky.
My non-predictions for 2026.
Blog: Is Private Credit the New Sub-Prime?
High leverage and market uncertainty are an explosive combination.
Blog: What Could Prick the AI Bubble?
The return of the "burn rate" is an ominous sign.
Blog: Tipping Point or False Alarm?
Are the markets weary, or is this just another false alarm?
Blog: Complacency, Acquiescence and Low Uncertainty
Low risk may not mean low uncertainty.
Blog: What's Driving the Market?
A personality test for the market.