blackrock:-don’t-btfd!

BlackRock: Don’t BTFD!

BlackRock: Don’t BTFD! The ‘Great Moderation’ is over. That’s the message from the latest BlackRock note warning that the period of steady growth and inflation that most have ‘enjoyed’ for the past decade has come to an abrupt end and because of that, investment philosophies have to change, just as rapidly. Strategists including Wei Li, Vivek Paul…

rabobank:-no-cucumbers

Rabobank: No Cucumbers

Rabobank: No Cucumbers By Stefan Koopman, senior macro strategist at Rabobank Schools in much of the Northern Hemisphere are gradually closing for the summer holidays and it won’t be long before it’s komkommertijd. This Dutch idiom, which translates literally into cucumber time, is used to express that very few important things happen during the period…

inflation,-unemployment,-and-fed-credibility

Inflation, Unemployment, and Fed Credibility

Our inflationary trajectory looks increasingly grim, and recession fears are mounting. Commentators worry the Federal Reserve will only be able to control surging prices by depressing output and employment. Monetary policymakers seem willing to incur economic costs if it means taming inflation. As the Wall Street Journal’s Nick Timiraos writes, “Central bankers think when unemployment…

why-studying-economics-requires-curiosity

Why Studying Economics Requires Curiosity

Recently, I argued that studying economics instills gratitude. A friend responded by asking me what intellectual virtues are necessary for understanding economics. Gratitude may be a result of studying economics, but what antecedents undergird enriching encounters with economics? To my mind, the preeminent intellectual antecedent is curiosity. “Doing” economics is ultimately about providing explanations for…

globalist-george-soros-issues-public-threats

Globalist George Soros Issues Public Threats

The globalists are no longer afraid of public threats. George Soros once again penned a guest commentary in an Austrian newspaper with Bilderberg affiliation and in it he laments the end of abortions in the US. For Soros, the decision of the US Supreme Court is the “end of democracy”. The US Supreme Court has…