Demographics

Traveling Circus

After Wednesday’s policy statements by the Fed and Bank of Japan, a harsh light is being shined on the incredible nature of their communications. It would be wise in the current environment to structure investment portfolios with a pro-volatility bias.

A New Problem For Hillary Emerges

With Trump suddenly surging in the polls, the Democrats are panicking as Hillary's lead in the RealClearPolitics average has shrunk to just 1 points. However, as the latest set of polls shows, the Donald is not the only thing Hillary's campaign has to worry about: a new threat has emerged. Or rather two.

Deconstructing The "Median Income Bullshit"

What do you do when the economy isn't growing the way you want it to but you need to win an election in the very near future?  Well, one option is to have the Census Bureau change its data collection methodology to goal seek the desired income growth.

Time To Get Real, Part 2: "We Need Their Drugs"

On the current path, the world is experiencing the largest artificial asset allocation in modern history, one that is driven by a misguided interest rate regime that has lost its efficacy and is producing more harm than good. Yet the fear of withdrawal pain is keeping central bankers from doing the inevitable: Quit. The response is predictable: "I need the drugs!"

Why One Hedge Fund Is Once Again Preparing For The End Of The Euro

"The time for treating the EUR-peg as a taboo may soon be past us, and an open discussion become the dominant narrative, in pursuit of a long-term durable solution to economic stagnation, in an attempt to save the European Union, so to orderly drive the process as opposed to end up being overwhelmed by the trending course of events."