Kahneman and Harari: ‘Global Trends Shaping Humankind’

Two of my favourite authors and thinkers…

Daniel Kahneman and Yuval Noah Harari in: ‘Global Trends Shaping Humankind’, a conversation moderated by Kara Swisher.  This session was a part of the 2021 Nexus Online Summit, organized by the American Friends of The Hebrew University. Here is a direct video link.

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Danielle’s biweekly market update

Danielle was a guest with Jim Goddard on Talk Digital Network talking about recent developments in the world economy and markets.  You can listen to an audio clip of the segment here.

For some more lucid perspective on the recent frenzy in commodity prices see David Rosenberg’s FP column today:  Why the commodity supercycle narrative is overblown.

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Shilling warns on the destructive thinking of financial mania

In a RealVision interview released this week (subscriber access only) economist and money manager, A. Gary Shilling, accused the Federal Reserve and Treasury of pumping up asset prices, dismissed fears of higher inflation and urged investors to resist joining the buying frenzy:

“We had a wake-up call with the pandemic. It’s time to save money, to be cautious, and certainly investment-wise, to avoid speculation. It’s very hard when everybody is making money and you feel, ‘Oh, am I missing out? There’s this garage mechanic, who is no longer fixing cars because he’s making so much money in GameStop. I’m a stupid idiot, why aren’t I involved?’ Well, there are times where you really have to just pluck up your courage and say, ‘No, I don’t want to be involved.'”

See this print article of Shilling’s 10 best quotes, lightly edited and condensed for clarity.

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