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Europe On Its Own
Europe is on its own, can it pull off a peace? Yes, actually.
Mar 63 min read


Banks Are Eating More Risk, Again
Banks are again bundling risk and selling it off. And, again, exposing themselves to risk.
Jul 10, 20243 min read


Drooping Tiger, Wheezing Dragon
Beijing's heavy hand on the markets is threatening to crash the entire system.
May 30, 20246 min read


WTF: SWIFT Bank Messaging
What is the SWIFT system, and why do you care?
May 13, 20242 min read

Trump Found His Ankle Breaker
Ironically, Trump's windfall with Truth Social will probably be his downfall.
Mar 26, 20243 min read


The Last Days of Davos
The Universe Davos built, or claimed to, is coming apart. Step lively boys.
Jan 24, 20244 min read


A Paper Dragon
Peak China happened before the covid lockdowns, can it ever get its fung shui back?
Sep 14, 20234 min read


All That Grain
The Black Sea as a wider war zone will drive up prices on grain, oil, ore and insurance.
Aug 15, 20233 min read


The Chinese Take-Away
China's economy has peaked, what are the take-aways for the US and it's industrial policy?
May 31, 20233 min read


Guesswork, Almost.
Banking scares go both ways - as deposits and credit disappears. The panic was the sound of something breaking.
Mar 23, 20232 min read


An Inquiry into What in the Hell We Plan to do About Our Maxxed-out Uncle Sam
The Government has maxed-out its credit, but won't stop spending. Default looms and zaniness ensues.
Jan 25, 20237 min read


Davos Attendees Split on Economic Outlook, Sno-Bunnies.
Dispatch from the bar at the World Economic Forum in Davos: The end ins't ending, just confused.
Jan 19, 20233 min read


Bond Jollies Will Carry On
Bond Markets have come off their worst year since ever. The market is looking up, but don't expect a reset to boring. The jollies continue..
Jan 17, 20233 min read

Get Your Head Out of Your Ass
Celebrity Icons like SBF and Elizabeth Holmes have replaced grown-up CEOs in Tech - and it shows.
Nov 30, 20224 min read


Credit and the Domino Effect
We may not know where the economy is going, but we know it is in interest rate shock. An educated guess where that will lead...
Oct 20, 20222 min read


Mind the Gap
The Bank of England stepped into stabilize the bond market. At some point it has to step out.
Oct 13, 20223 min read

Pitch Deck: Ukraine
Kyiv is showing as much innovation with its finances as with its military kit - both donated and captured.
Oct 11, 20223 min read


The China Sneeze
The China is facing an economic sneeze that might take down a limping global economy further.
Oct 7, 20223 min read


Big Tech, Big Hang
The Big Tech Big Five have posted their softest results in over a year. They also have the market and the cash to clear the economy.
Oct 4, 20222 min read


A Canary in a Coalmine
The drop in FedEx stock price took the market with it as the economy decelerates faster that expected.
Sep 22, 20223 min read
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