Savings Glut Turns to Savings Shortage
Game over
Ed Hyman: Fed Pushing too Hard, Profits to Drop
“The very strong employment data that we are getting right now reflects monetary policy one and two years ago…”
US Manufacturing PMI in Deep Contraction
Labor is a lagging indicator
Mark Mobius: India to Replace China as Manufacturing Powerhouse
Indian markets outperformed US markets in 2022
Welcome to Post-Peak China
There are still hundreds of millions of Chinese living at Sub-Saharan poverty levels
My Favorite Charts from 2022
Happy New Year’s Eve
The 100 Biggest Public Companies in the World
Apple, Microsoft, Google, etc…
Existing Home Sales Implode
For once, time is on the buyers’ side
Mining Sector too Small
The market still hasn’t started allocating enough capital into the resource sector
High Yield Default Cycle Coming
A decent increase in the default rate is already priced into bonds bought today