Why it’s going to be hard for the government to allow interest rates to rise substantially from here.
Why Interest Rates Have to Stay Low For a Very Long Time
The Future of Bear Markets
My theory on why bear markets could be different going forward.
The Stock Market vs. Earnings Growth
Does the market always follow earnings growth or lack thereof?
A Short History of Money Market Funds
What the history of money market funds could have to say about stablecoins.
Talk Your Book: The Commodity Supercycle
Michael and I spoke with Ed Egilinsky about the prospects for a commodity supercycle.
Some Random Thoughts About Inflation, AMC & Small Caps
3 questions I’m thinking about this week.
Animal Spirits: And Then I Got Scammed
Michael and I discuss SPACs, double bubbles, Mare of Easttown and more.
If You’re Still Worried, You Aren’t Wealthy
Wealth means different things to different people. Some people assume wealth is the amount of money you have in the bank or your investment portfolio. Others judge wealth based on the number of material possessions you’re able to buy. Then there are those people who figure only those with a high enough income can be…
200+ Years of Asset Class Returns
I’m a sucker for historical market data. I know, I know. It doesn’t help you predict the future but it can help shape your expectations to allow you to emotionally prepare for a range of outcomes. This week someone sent me this Long-Term Asset Return Study done by Jim Reid and team at Deutsche Bank that…
Has There Ever Been a Worse Time to Be a Homebuyer?
The worst buyer’s market in history.
