September 2024 Newsletter: Why Nothing Stops This Fiscal Train
There’s no single best way to quantify it, but if I had to point to one set of charts, I would say that fiscal dominance occurs when annual public deficits exceed the sum of annual net bank lending and annual net corporate bond issuance on a sustained basis, especially without having been caused by a recession.
Lyn Alden • July 2024 Newsletter: Rates Insensitivity in the Downcycle

Global finance changed in October 2023 and few people noticed.
And if you're an investor, you better know exactly what I'm talking about or you might make a huge mistake.
Gold was completely flat between August 2020 and October 2023.
But since then? It's up 95%._... See more
4th Quarter Commentary January 2024
A perspective on historical economic eras and the implications for current market risks and investment strategies, with a focus on factors such as global trade, labor arbitrage, and the rise of China.
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