The Two Es
The breakdown in the global supply chain can be summarised in two words: efficiency and energy.
Macroeconomics: Global Central Banks News & Highlights
Unstable Stability
There are rules. There are agreements. There are guarantees, promises, contracts, and treaties. But at the end of the day, links…like hearts…break.
Unstable Personalities
Stocks were green again yesterday…but the bounce faded far short of the 33,000 Dow half-way point. There’s probably more bounce left. As they say on Wall Street, even a dead cat bounces more than this.
Pop Goes the Everything Bubble
This may be the toughest time to be an investor in the history of modern financial markets. It’s a perfect storm of stagflation and a popping everything bubble at the same time.
The Courage Not to Act
Left alone, inflation will take care of itself. Mr Market will get the job done. The economy will go into recession. But will the Fed have the courage not to act?
Foolish Finance
Meanwhile, back in the world of finance and foolishness…everything has changed. Everything is different. It’s Mr Market who’s calling the shots now
