Monthly Archives: June 2022

Recommended podcast: Against the Rules

This spring I discovered Michael Lewis’s podcast Against the Rules. Now in season three, there’s far-reaching insight and entertainment here.  It’s available through Spotify and other podcast platforms. Season one focuses on referees, season two on coaches, and season three … Continue reading

Posted in Main Page | Comments Off on Recommended podcast: Against the Rules

Easy credit comeuppance

After leaving base rates in the banking system at zero for two whole years (March 2020 to March 2022), the US Fed hiked yesterday for the third time in as many months, this time going a panicked .75– the first … Continue reading

Posted in Main Page | Comments Off on Easy credit comeuppance

Return of principal matters most

The policy-inspired and behaviour-driven ‘everything bubble’ is fulfilling its destiny, morphing into the everything bust. Cryptocurrency grand-daddy Bitcoin is off 70%, and others in the space are faring worse. Two trillion in sketchy market valuation has been vaporized in the … Continue reading

Posted in Main Page | Comments Off on Return of principal matters most