Monthly Archives: May 2019

I just finished Michael Lewis’s latest book, The Fifth Risk: Undoing Democracy. Lewis examines key US government departments like Agriculture, Commerce (which should be called the ministry of data on things like weather and food production), and Energy. He describes … Continue reading →

Risk assets have taken a fresh thumping in May.  As of last night, the S&P 500 index was down 5.5% on the month, with energy (-9.2%), technology (-8%), materials (-7.4%), industrials (-7.1%) and financials (-5.6%) faring worst, and so-called ‘defensives’: … Continue reading →

This ten minute primer is well done.  Regenerative braking is one of the coolest parts. Electric cars are making big waves in the automobile world. These noise-free, pollution-free and high-performance vehicles are expected to make their I.C. engine counterparts obsolete … Continue reading →