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2022October

The Bank of England Kerfuffle

Posted September 30, 2022

The BoE blinked first. Let’s parse this out.

Two is One and One is None

Posted September 29, 2022

Someone returned my passport yesterday. I felt naked without it.

Sabotage of the Century!

Posted September 28, 2022

A naughty political actor blew up the Nordstream pipelines.

The Ugly Tree is Out of Branches

Posted September 27, 2022

The bond market is telling equities to get out.

Giorgia On My Mind

Posted September 26, 2022

Meloni will be Italy’s first woman prime minister; the Pound gets pounded; Dutch MP red pills his own Parliament.

The BoJ Blinks… Or Did It?

Posted September 23, 2022

The Bank of Japan won’t be the only central bank to intervene.

Biden, Powell, and Putin Make the News All Bad

Posted September 22, 2022

A fumbling US president, a bumbling Fed chief, and a stumbling Russian president walk into a bar…

Let’s Get Nuclear! Nuclear! I Wanna Get Nuclear!

Posted September 21, 2022

Oh, not about the war, I hope. About good, clean energy domestically made.

The 10-Year Yield Roofs It

Posted September 20, 2022

At a decade high, the 10-year yield is causing all sorts of trouble.

How Movements Turn Into Rackets

Posted September 16, 2022

No matter the intentions, someone’s after the moolah

A Transitory Column

Posted September 15, 2022

The Fed can’t get the inflation toothpaste back into the tube.

Where Europe Meets Asia

Posted September 14, 2022

A cool Istanbul greets a weary traveler.

Finally, Back to Civilizations’ Crossroads

Posted September 13, 2022

I’ll be on the plane to Istanbul when you read this.

Searching For Bobby Rubin

Posted September 12, 2022

With Dollar-Yen at 142, We Harken Back to Yesteryear, and a Reluctant US Treasury Secretary

God Save The King! And God Help Us…

Posted September 09, 2022

Charlie Big Ears takes the throne - and perhaps the Monarchy with him.

Is Salvini Europe’s Salvation?

Posted September 07, 2022

But the leader of Lega is still too soft on Russia-Ukraine.

Europe Is On The Brink

Posted September 06, 2022

There’s no good news anywhere on The Continent. Or across the Channel, either.

You’re a Threat To Biden’s Way of Life!

Posted September 02, 2022

President Joke Biden made a speech he’ll surely regret. Like the old KGB, Biden accused his opponents of what he, himself, is doing. The gravest threat to America is the team pulling Biden’s strings.

Monthly Asset Class Report

Posted September 01, 2022

Stocks, bonds, crypto, and real estate got hammered. The dollar and commodities were up. We’ve resumed the bear market after a July respit