Blog: Military Spending and Inflation
Military spending can distort GDP and create inflation.
Topic
Shocks
A collection of 29 issues
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: 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.
Blog: Will Mega-IPOs Create AI Warp Speed or a Black Hole?
Concentration risk plagues the S&P 500.
Blog: Is No News, Good News?
Apparent lack of developments are just part of the fog of investing.
Blog: The AI Trade Ignores Macro Risk
AI speculators ignore macro risk at their peril.