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Olduvai III: Catacylsm
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Take It To The Bank: Interest Rates Won’t Rise, Report 11 Feb 2018

Take It To The Bank: Interest Rates Won’t Rise, Report 11 Feb 2018 How Not to Predict Interest Rates We continue our hiatus from capital destruction to look further at interest rates. Last week, our Report was almost prescient. We said: The first thing we must say about this is that people should pick one: […]

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How Do People Destroy Their Capital?

How Do People Destroy Their Capital? I have written previously about the interest rate, which is falling under the planning of the Federal Reserve. The flip side of falling interest rates is the rising price of bonds. Bonds are in an endless, ferocious bull market. Why do I call it ferocious? Perhaps voracious is a better word, […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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