“Yes, we continue tomorrow with non-OPEC but there was no complete agreement today since Iran refuses to freeze production.” “We didn’t finish all. We are
The Dawn Of The Great Immoderation
It's a heretical notion, but I'm compelled to repeat it at regular intervals: It's the…
Burning City On A Hill
I've come to despise politics, which is unfortunate because I was raised around political scientists,…
Jeffrey Sachs And The Nord Stream: A Counter-Narrative Case Study
I've long described my raison d'être in terms of the intersection between geopolitics and finance.…
What If ‘Normal’ Isn’t What We Think It Is?
The past two years prompted quite a bit of soul-searching for humanity, and particularly for…
300 Million Hamsters
Has the Fed regained its credibility as a check on inflation? That's the question. Answers…
Pozsar: Powell Would Risk US Depression To Slay Inflation
Zoltan Pozsar has a subtle suggestion for those attempting to forecast inflation: Consider the possibility…