Journal
November 2024
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Inflation / Energy and Prosperity / Question for the Weekend
Good Morning Ladies and Gentlemen ”The best obtainable version of the truth.” Bob Woodward U.S. Inflation Data This week’s U.S. inflation data for October showed an increase from 2.4% in September to 2.6% in October. This result is owed to a base effect that was generally in line with expectations and provided the US […]
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Rising Yields? / Elections’ Impact on Financial Markets
Good Morning Ladies and Gentlemen ”Art is like oxygen.” Marina Abramović Rising yields? I was asked why yields are rising in the U.S., and I am happy to share my view. It seems many market participants are selling some of their bond holdings before the elections (= yields are rising) as a hedge against a […]
October 2024
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Self-Realisation / Strong Period Ahead / Beige Book / Uncertainty
Good Morning Ladies and Gentlemen ”Maturing hurts.” Richard David Precht Entitlement Society: last week’s topic Thank you all for the emails I have received. Many people shared their thoughts in response to my views on an entitlement society, and I genuinely appreciate it. I was especially pleased that I am not the only Supertramp […]
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Year-End Competition: an Update
Good Morning Ladies and Gentlemen ”It would also be nice if I were 6’2”, had a full set of hair, and stayed an even 190 pounds throughout adulthood. However, all these wishes are pipe dreams, so we need to make do with what we have.” Kevin Muir (the MacroTourist) Update Already Q4 again. I […]