Outlook 2024
Geopolitics - The Bird with the Sharpest Beak
One Lesson from 1914
Bond Yields, Consumers and the Economy
Pathways and Mindsets
The Japanification of China
Capital Controls
Capital as a Moat
Commercial Real Estate
Some Charts on the Most Telegraphed of US Recessions
What Does Six Hundred Trillion Plus Four Failed Banks Equal?
...Then the Third Order Effects
...Then the Credit Squeeze...
First the Recession....
Credit Crises Versus Liquidity Crises
Home, Not So Sweet Home
The Fed's Chain Reaction
What if the Worst Case is Worse?
The Year Ahead