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Monthly Archives: March 2019
Ten Plus Plus Great Weekend Reads – March 15
Markets Active investors are depressed, but not depressed enough – FT Over his long and illustrious career, Mr Buffett has beaten the market handily, but over the past 10 years, the return of Berkshire Hathaway shares is 274 per cent. … Continue reading
Posted in Uncategorized, Weekend Reads
Tagged Debt, Earnings, Emerging Markets, Flows, MMT
1 Comment
Careful When Locking Horns
Bull or bear … eventually the market comes for you when you least expect it pic.twitter.com/XXHlxqskl8 — ɢᴜʀᴜʜᴀᴠᴇɴ (@GuruHavenHQ) March 14, 2019
Posted in Uncategorized
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QOTD: Just The Facts Ma’am
QOTD: Quote of the Day Court is one of those places where facts still matter – Judge Amy Berman Jackson, March 13, 2019 Why do we believe Judge Jackson’s quote will be carved in stone, though the words may live … Continue reading
Posted in Politics, Uncategorized
Tagged Facts, Judge Amy Berman Jackson, Paul Manafort
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On This Day In History – March 14
Birthdays 1879 Albert Einstein, German-born theoretical physicist and Nobel laureate (theory of relativity), born in Ulm, German Empire (d. 1955) 1958 Danny Meyer, American restaurateur (Shake Shack, Union Square Cafe), born in St. Louis, Missouri 1988 Stephen Curry, American basketball guard (NBA MVP 2015-16 Golden State … Continue reading
More On Brexit…
Britain votes down a 'no-deal' #Brexit https://t.co/QPKwyVAtmn pic.twitter.com/6vX775bqGq — Reuters (@Reuters) March 14, 2019
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Question of the Day: British Parliament
I am listening to the live debate in the House of Commons about the vote, which just took place voting down a “no-deal Brexit,” 321-278, close enough to make us a little nervous. Some MPs are up in arms that the … Continue reading
Thank You, Mr. Gundlach
In our Monday post, we stated, Absolutely stunning to see such large budget deficits as far as the eye can see with the actual and projected unemployment rate under 5 percent. What kind of budget deficit beast will we run … Continue reading
Posted in Economics, Food Prices, Uncategorized
Tagged Fiscal Deficits, Jeff Gundlach, QE, Ray Dalio, Recession
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On This Day In History – March 13
Birthdays 1913 William J. Casey, American head of the CIA during the Iran-contra scandal (1981-87), born in NYC, New York (d. 1987) 1946 Yonatan Netanyahu, Israeli soldier who died leading rescue operation Entebbe in Uganda, born in NYC, New York (d. 1976 … Continue reading
Posted in This Day In Financial History, Uncategorized
Tagged Hank Aaron, Jamie Dimon, Microsoft IPO, Yonatan Netanyahu
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Life In The “New Farm” Belt
We know the farm belt is in crisis, President Donald Trump’s trade war is magnifying some of the toughest farm conditions since the crisis that bankrupted thousands of farmers in the 1980s — and threatening a constituency crucial to his … Continue reading
Posted in Agriculture, Technology, Trade War, Uncategorized
Tagged Click farms, Trade Wars
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Corbyn calls for no deal to be taken off the table
Parliament not there yet on a second refi but the path is becoming clearer. The House of Commons votes down a “no deal Brexit” tomorrow (highly likely) and then votes to extend Article 50 on Thursday (highly likely). Then what? … Continue reading
