Monthly Archives: August 2023

As the riskiest asset prices rebounded into July, most strategists and investment advisers proclaimed the all-clear (as usual), and bullish sentiment roared back near levels seen at the cycle top in early 2021 (shown below courtesy of The Daily Shot). … Continue reading →

This is a teaser preview of the full interview that has not yet been released. Jeremy Grantham, co-founder of the Boston-based investment firm Grantham Mayo Van Otterloo (GMO), predicts a US recession “running perhaps deep into next year.” Grantham says … Continue reading →

A glut of Chinese homes and goods, with falling domestic consumption, suggests less demand for global commodities and a deflationary impulse through the rest of the world. China’s momentum is fading after decades of supercharged growth. A much anticipated post-pandemic … Continue reading →