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Olduvai III: Catacylsm
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Inflation – Cassandra Speaks

Inflation – Cassandra Speaks Inflation should be front and centre for markets – give or take Ukraine, Oil, etc. How real is it, and just how bad could the consequences be? Not talking about it is one way to ensure it hurts. “The way to crush the bourgeoise is to grind them between the millstones […]

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The US Corporate Debt Bomb, Europe’s Recession, and Systemic Risk in China

The US Corporate Debt Bomb, Europe’s Recession, and Systemic Risk in China Yesterday’s note caught a lot of attention. In it, we argued that investing in stocks today based on the Fed getting dovish is like buying stocks after the Bear Stearns deal: you’re buying based on a development that reveals the financial system is in […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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