Strategy, Leadership and Investment
February 26, 2021 It was way back in October that this blog highlighted that it was A Little Early to Worry about rising interest rates, but here we are, almost exactly six months later and it is no longer too early to worry. Over the past two weeks, the market has gone through unsettled and… Continue reading TINA is Leaving
February 15, 2021 With a rational government in place, moving policy forward, the world can turn to real issues that don't involve babysitting world leaders. Or so it would seem. Here is a brief review of some of the interesting things going on in the world, that some may have missed because there is a… Continue reading China’s Greatest Export
February 1, 2021 The last post (Roving Bands of Pretend Capitalists), took a somewhat curt look at a couple of the issues surround the GameStop short squeeze and highlighted a couple of errors in regulations. The next step is to draw a picture of liquidity and what happens when it goes away . . .… Continue reading The Effect of Liquidity
January 29, 2021 If anyone is following the news, you may be very aware of one of the most interesting phenomena in investing in a long, long time. The GameStop short squeeze. This is really big news for a lot of reasons but for many it is a completely foreign event, like the discovery of… Continue reading Roving Bands of Pretend Capitalists
January 25, 2021 Thank you for voting in a president. While it may be difficult to agree with some of the things on the Democratic agenda, it is far more difficult to find room for a tyrannical, self-centred and dangerous president like Donald Trump. Thank you, from the rest of the civilized and democratic world.… Continue reading Thank You America
November 28, 2020 There has been no update here for over a month, and the world of finance seems to have smoothed out. The world has exhaled, in what seems to be a sigh of relief after the US election and the markets are presenting us with a 'risk on' scenario. At the risk of… Continue reading A Shiny New Beginning
October 16, 2020 These unusual views shared here seem to be unfortunately ridiculous. While some apology may seem an appropriate response, in fact the importance of the warnings and advice are ever more important. There are two stories from Thursday, yesterday, that caught my attention. The first is one of the most damaging stories I… Continue reading The World Is Not Fine
October 10, 2020 Markets around the world continue to show amazing resiliency. There are stock markets, bond markets, fish markets, labor markets, collectible card markets, real estate markets . . . they are all pretty resilient. In such a scary time, celebration could be in order, but a bit of skepticism wouldn't be a bad… Continue reading The Resiliency of Markets
October 2, 2020 One of the characteristics of an abrupt change is usually volatility. That truism shouldn't be any more evident than it is right now. The world is experiencing massive volatility in politics, in business and in the social frameworks that hold society together, and the underlying causes of that volatility should be expected… Continue reading So Much . . .
September 28, 2020 The warnings are coming fast and furious in the markets these days. Over the weekend two very disparate, but somewhat related stories were printed, again showing the difficulties in the economy. The first is that commercial real estate in the US is probably worth 27% less than it was before the pandemic.… Continue reading Troubled Assets
