The Macro Issue (Again) Lots of new macro data this week with less company news. In a trend we’ve been highlighting for 6 months, the data is inconsistent. The good news is whether you’d like to see higher rates, lower rates, a stronger economy, a weaker economy, or a better/worse labor market, there’s something to … Read more
The AI Issue This week we have data and analysis of the latest (and possibly last) Fed hike of this cycle, consistently inconsistent economic data (particularly when it comes to the employment picture), and our continuing disagreement with the market regarding whether Jerome Powell is serious when he says “higher for longer”. However, we think … Read more
The Reserve Currency Issue DKI started writing about issues regarding the status of the dollar as the world’s reserve currency over a year ago, and it’s been a regular topic of commentary on the blog. This week, we’ll examine some of the key issues surrounding the long-term health of the dollar as well as recent … Read more
The Disaster Edition! Sorry for the clickbait headline. We don’t have an actual disaster right now; just a few potential ones. If you’ve been sleeping too well at night, then keep reading. We’ll tell you the things that should be worrying you. Don’t want to worry too much? No problem – Just subscribe to DKI … Read more
The “Experts” Have Lost Their Minds Edition So many of the decisions that impact our financial lives are made by unelected bureaucrats who have never run a business. Think for a minute about how much the price of your home, which is the most valuable asset owned (or rented) by most American families, is affected … Read more
Are We Turning the Corner Yet? Well, it’s Complicated. I’d like to start this week’s “5 Things” with a personal note. DKI intern, Dylan Kogan, will be moving on to focus on final exams and his first big post-graduation job. (100% success rate for DKI interns!) He started by helping with the “5 Things” graphs … Read more
Insight into the Newly Acquired SIVB, Consumer Confidence is Up, Alibaba Splits into Six Units, and PCE Cools (sort of). This week we witnessed the end of Silicon Valley Bank’s story, but also got new insight into what led it to fail earlier this month thanks to testimony from Fed Governor Michael Barr. There was … Read more
Fed Raises Rates and Attempts to Ease Banking Sector Concerns, More Tech Layoffs, Jobs Numbers, and This Week in Hypocritical Politicians It’s beginning to feel like the people we’ve been told are in control are no longer in control: Fed Chair Powell and Treasury Secretary Yellen do not have control over the financial fallout, tech … Read more
The Everyone Fails Again Version Bank failures, bank depositor bailouts, forced bank bailouts, CFOs who can’t evaluate risk, and bank risk managers who aren’t even trying to do their jobs. It’s the 5 Things to Know – Failure Edition! DKI continues to applaud intern, Dylan Kogan, who again makes a strong contribution to this week’s … Read more
The Higher for Longer – Plus Faster Version Jerome Powell does his version of the Six Million Dollar Man telling Congress rates will be higher for longer, and faster than many hoped. A stronger than expected economy continues to disappoint asset gatherers hoping for a return to bubble valuations. DKI continues to applaud intern, Dylan … Read more
