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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
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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
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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
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