MiB: Jurrien Timmer, Director of Global Macro at Fidelity...
This week, I speak with Jurrien Timmer, Director of Global Macro at Fidelity Investments. The firm oversees $16...
The Probability Machine
It’s late August, before a holiday weekend. You don’t need yet another analysis of POTUS’ attempt to fire Lisa Cook...
Crosscurrents
One of the challenges that comes from analyzing markets and the economy is just how much “gray” there is. Most...
The Magnificent 493
I consistently hear many of the same questions about these markets. There are concerns about valuations, tariffs,...
All Time Highs Are Bullish
“One of the most bullish things that can happen to any market is for it to reach new multi-year highs.“ Bloomberg,...
The Stock Market Remains Undefeated
There have been many winners and losers over the past few months. Perhaps none have been revealed for having furious,...
A Spectacularly Underappreciated 15 Years
We have no idea how good we had it. Let’s consider the returns data from the period post-Great Financial Crisis (GFC),...
Tune Out Manage the Noise
The single most asked question that I have heard since January 20th is: “How will this new administration affect my stock, bond...
Tulipmania!
Holland’s legendary tulip bubble burst on this day in 1637. Many myths have grown up around this, but a few key facts are not in...
The Book of Genesis: Wall Street Edition
I have been playing a lot this year with ChatGPT, and saved some of my favorites. This is one of them: Chapter 1: The Creation of the...