Juggling Dynamite

Episode 5 of the Rethinking Humanity series by @RethinkX unveils how incredible technologies across the Five Foundational Sectors of energy, transport, food, information and materials have opened a window into an unprecedented new possibility space. For the first time in history, we can see this convergence and recognize its implications. Together, they unveil a pathway to a whole new production system – and the inevitable collapse of the old.  This is the fifth of an eight-part series.  Here is a direct video link.

The mess that central banks have orchestrated is dangerous for the economy and all asset classes.  Trying to make the least bad choices is the opportunity set on offer.  Some worthwhile insights in this discussion.

Danielle DiMartino Booth on the Fed scandal, succession, inflation, taper timelines and market implications.  Here is a direct video link to part 1.

Here is a direct video link to part 2.

We have to put money somewhere.  In our ‘everything bubble,’ the question is which holdings have the best prospects for preserving principal and liquidity such that we will be able to buy when others are forced to sell.  Between here and there, everything else is noise.

Investor and GMO co-founder Jeremy Grantham spoke with CNBC’s Wilfred Frost about gold, why he says there is a U.S. equity bubble and his take on meme stocks. Here is a direct video link. The full interview is only available to pro-subscribers through CNBC.

Here is GMO’s latest 7-year annual real return forecast for global assets from valuation levels at the end of September 2021.