
A Recapitulation of What Happened
Last week, I wrote: ‘The U.S. does not have a divine right to success: this fact has put in question America’s long standing role as
Last week, I wrote: ‘The U.S. does not have a divine right to success: this fact has put in question America’s long standing role as
Last week, I wrote: “Trump said that he was not looking at the market, while Powell said that he was not about to offer imminent
Last week, I wrote: “A reader reminded me that in 1912, J.P. Morgan said: ‘Gold is money, everything else is credit.’ This is a good
Last week, I wrote: “The bottom line is that there is only one way for the U.S. to bring its balance of payments into normal
Last week, I wrote that: “Trade wars and the end of U.S. exceptionalism crashed global growth expectations and hopes for lower inflation. Indeed, the OECD
Last week, I wrote that: “A shift in sentiment from euphoria to recession fears within a month has priced the idea of a “hard landing”
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