Today’s Yield Curve Steepening Is Not Different This Time, It’s Not The Same
The steepening yield curve has grabbed my attention. Historically, it's been a reliable investment signal. However, as I discuss in my article below, today's might not be occurring for the same reasons as in the past. It's not that it's different this time. It just might not be the same (so far).
Treat Alternatives Like Cuisines, Not Distinct Assets
Investors have been increasingly allocating to various alternative investments. However, I don't see them as distinct assets deserving of allocations. As I discuss in my article below, I consider alternatives investment styles and as optional for portfolios as taste is for nutrition.
The Similarities & Differences Between Today & The GFC
I’ve said it before, 2023 has been a heck of a year. In just five months, four large regional banks and one major global financial institution shuttered, marking the second-worst year for bank failures.
Silicon Valley Bank’s Failure Highlights Systemically Combustible Conditions
Many have questioned the importance of the recent bank failures.
The Fed’s Got Inflation Backwards
Central banks endlessly fascinate me.
Why I’m Waiting for the Fed to Pivot
So far, my 2023 investing looks just like 2022: lots of waiting.
Markets Are Reteaching Centralization’s Dangers
Markets are selling off in unison again. As I discuss in my article below, I believe this reflects their increased centralization. The cure, of course, is to decentralize (no, I don't mean crypto).
Saving Speculation To Improve Investment Returns
Speculation’s a dirty word for investors.
Money’s Many And Problematic Definitions
There’s no escaping the Federal Reserve (Fed) when it comes to investing these days.
Rising Rates And Volatility Might Create Future Opportunities
Catching inflection points is the holy grail of trading. It’s what makes investing lore.
How Gold Lost Its Inflation Luster
Many investors buy gold to protect against inflation. However, it's not as effective a hedge as believed. In my article below, I discuss how gold’s relationship to money, and as a result inflation, changed.
Chinese Investment Markets Reveal Their Fatter Tails
It's truly sad to watch events unfold in China. However, it's no surprise that investment markets are falling with China's increased economic controls. As discussed in my article, centralization produces fragility.
Inflation Is Shortages And Thankfully Transitory
I’ve got inflation on my mind these days.
Using GameStop To Uncover Biases
What recently transpired in GameStop's stock was truly epic. More astonishing, though, was the ease at which a nihilistic narrative took hold in the absence of fact. To me it was telling and an opportunity to improve my thinking.