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Olduvai III: Catacylsm
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End Of The Financial World?

End Of The Financial World? Predicting the end of the world, physical or financial, is seldom helpful. If the prediction is correct, how do you profit from the insight? If the prediction is wrong and the “end of the world” is delayed (typical), you lose credibility. An estimate of risk versus reward based on an […]

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Rig For Stormy Weather

Rig For Stormy Weather   What storm? The Dow Jones Industrial Average (DOW) reached another all-time high. Interest rates in the U.S. are yielding multi-decade lows, some say multi-century lows. Trillions of dollars in global sovereign debt have negative yield and European junk bonds yield less than 10 year U.S. treasuries. “Official” unemployment is low. […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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