Journal
September 2022
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Those presumed dead live longer
Good Morning Ladies and Gentlemen Many thanks for your messages and compliments on my last post. Many of you, like myself, seem to have warm memories of watching Groucho Marx and his brothers decades ago. U.S. Dollar (USD) Since the great financial crisis about fifteen years ago, I have read one book, some research and […]
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E.U. Inflation
Good Morning Ladies and Gentlemen „My policies encourage the hardworking, protect the weak, and punish the lazy. There is no right to government-paid laziness.“ Guido Westerwelle, German politician, Federal Chairman of the FDP 1961 – 2016 Jumping inflation in the E.U. This year’s second-highest jump in inflation in the European Union (E.U.) occurred in February […]
August 2022
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Jackson Hole
Good Morning Ladies and Gentlemen „I believe that children are our future. Unless we stop them now.“ Homer Simpson All eyes are on Jerome Powell Today, all eyes will be on Jerome Powell. Will he and the other leaders of the most prominent central banks still take on a hawkish tone, or will they start […]
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Year-End Competition 1. Update
Good Morning Ladies and Gentlemen Your Guesses Wow, Ladies and Gentlemen, some of you seem really bearish, at least for equities. So far, the highest S&P bid came in at 4’482, the lowest at 1’881, with an average of around 3’100. On the other side, most of my readers seem to be optimistic about gold. […]