Newsletter

US inflation slowed in April. The likelihood of US default increases. We must clean up our act. Buffett is making bucks in Japan. ChatGPT, your new portfolio manager?

Another 0.25% hike from Fed. JPMorgan is gobbling up failed banks. Blackrock–an extended arm of the US gov’t. US bonds are still below their peak. Buy now, pay later for groceries.

Yield curve dynamics. Overcrowded China reopening trade. Gold has outperformed miners. Solar energy waste. China bets on nuclear.

The market doesn’t believe the Fed. Gold surpasses US$2,000/oz t. Central banks seem to like gold again. Surprise oil production cuts. War is also business (unfortunately).

The market doesn’t believe the Fed. Gold surpasses US$2,000/oz t. Central banks seem to like gold again. Surprise oil production cuts. War is also business (unfortunately).

The market doesn’t believe the Fed. Gold surpasses US$2,000/oz t. Central banks seem to like gold again. Surprise oil production cuts. War is also business (unfortunately).

Commercial real estate could be hit next. The first yuan-settled LNG trade happened. Still, US$ remains the reserve currency. Turns out DB is better than CS (at getting fines). Passive investing is not necessarily that diversified.

Another 0.25% hike from the Fed. Deposits leave US banks due to Fed rate hikes. US housing market is getting hit. Debit Suisse appears to be a great deal…not. Xi and Putin teams up to challenge the US.

According to KPMG, everything was chill at SVB 2 weeks ago. SVB could have been avoided if regulators were actually doing their jobs. Saving SVB was a bailout of Silicon Valley. Then there’s Debit Suisse. The “king of chemicals” needed for the green switch and food.

Are economists making weather forecasters look good again? Suffering is necessary to kill inflation. The US bond market is in a record drawdown. You need to be contrarian to make money in the markets. Solar and wind resources aren’t plugged in.