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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