Running on Empty: The Book Now Available

Alex Macris wrote an incredible four part series on the history of the petrodollar which included some prescient projections regarding the future of the US dollar.  I featured his work on this blog, and then Alex invited me to write Part V explaining what you could do to protect yourself from coming problems.  Running on … Read more

Government Statistics Are Lies

All year, the market has been trading off of small differences between macro economic statistics and expectations.  One theme we’ve emphasized in 2022 is that government statistics do not represent reality; but rather, are generated by government employees to advance a specific narrative.  This happens under both Republican and Democratic administrations as no one wants … Read more

The Depth Report – Update on the Market, the Economy, and the Fed – Part III

Introduction: In Part I and Part II, we covered several aspects of Inflation/CPI.  It’s the single most important financial issue for 2022 so we explored the topic in depth.  Cutting to the end, a combination of higher interest rates, comparisons with last year’s high CPI, and falling real estate and auto prices will ensure the … Read more

Japanese Debt – We’re Taking a Victory Lap

We told you last night that Japan was throwing in the towel on its (approximately) zero interest rates and was raising rates to defend the yen.  I read today that earlier this month, Morgan Stanley had predicted that Japan would hold the line on its debt through all of 2023.  While it’s hard to make … Read more