In contrast to capital, humans are well aware of certain costs. For although we care
Day: April 30, 2021
Gator Watching
One of the most amusing (some folks wouldn’t use that adjective) things about scrolling through
Long Inflation
The “trade of 2021” has been long copper (+27.9%) and short the 30-year Treasury (-13.8%),
Stimmy! And Leon, The ‘Fully Invested Bear’
Did you get your “stimmy?” Some folks sure did. Personal incomes rose 21.1% in March,
Double Dip
A rather glaring transatlantic divide opened up in the first quarter, as the eurozone succumbed
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