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Monthly Archives: October 2022
Self-dealing is rampant and we keep paying for it
Self-dealing is when a fiduciary acts in their own best interest in a transaction. It is text-book corruption and apparently widespread among government and regulatory representatives on the left and the right. Undermining objectively determined policies and the rule of … Continue reading
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Tech leading lower
Technology shares led overall markets higher from 2020 through 2021 as government hand-outs, low-interest rates, and spare time enabled both a retail spending boom and a gambling frenzy in financial markets. From the March 20, 2020, COVID crash lows of … Continue reading
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Remember, USD love is cyclical not permanent
With most assets dropping in 2022, the US dollar (DXY) has been a rare standout, up 25% against a basket of global trade currencies since December 20, 2020, and 17% year to date. As with most trends, it’s common for … Continue reading
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