When we talk about personal finance we often talk about paying off our debts to become financially free. But this is a fallacy of composition. While some households can pay [ … ]
Category: Most Recent Stories
Black Hole Monetary Economics
Economic nerds are converging on Jackson Hole for their (our?) annual meeting and the big story of the event will be a controversial opinion by Larry Summers, which he laid [ … ]
Let’s Get Inverted
Alright, nerds. It’s time to put on our thinking caps and fill up our pocket protectors. We’re gonna talk about inverted yield curves. First things first – What is an [ … ]
Three Things I Think I Think – Recession Alert Edition
Here are some things I think I am thinking about.
How I Think of the Stock Market During its Ups and Downs
I’ve previously written about how I like to think of stocks as bonds. Of course, I know this is a bit of overreach, but it’s a useful exercise when putting [ … ]
Three Things I Think I Think – Rate Cut Edition
It’s almost the weekend, folks. Hang in there a few more hours. In the meantime, here are some things I think I am thinking about: 1) The Fed did whaaaat? [ … ]
Three Things I Think I Think – Negative Rates and Stuff
Here are some things I think I am thinking about: 1) Q2 GDP – more of the same. Second quarter GDP came in at 2.1%. Pretty weak. But more of [ … ]
Congrats on Your Debt Ceiling Increase
Hooray! We did it folks. We raised the debt ceiling again and averted a self imposed default on US government debt. And to celebrate this joyous occasion I wanted to [ … ]
Seeing Both Sides of the Argument
Here was another fun question this week from Tadas at Abnormal Returns: Question: What have you learned in the past year (or so) that genuinely surprised you? Or said another way, [ … ]