Monthly Archives: December 2021

2021: an excellent year for the unscrupulous

Posted on December 30, 2021 by Danielle Park

Fuelled by crypto, SPACs and commission-motivated promoters, there were 1,110 initial public offerings globally in 2021 (3x the average of the past decade).  As shown below, two-thirds of them are ending the year with losses. It is important to understand … Continue reading →

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Fed induced asset bubbles have a history of bad endings

Posted on December 29, 2021 by Danielle Park

Valuable historical context for the Fed’s bubble-blowing antics in this Politico article around former FOMC member and QE dissenter Thomas Hoenig.  See The Fed’s Doomsday Prophet has a Dire Warning about Where We are headed.  Here’s a taste: As a … Continue reading →

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Hunt on the history of inflation

Posted on December 27, 2021 by Danielle Park

Worthwhile discussion and historical perspective. Lacy Harris Hunt is an economist and Executive Vice President of Hoisington Investment Management Company. He is Vice-Chairman of HIMCO’s strategic investment policy committee and also Chief Economist for the Wasatch Hoisington Treasury Bond Fund. … Continue reading →

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