Tag Archives: Asset Markets

Alea Iacta Est!

As Julius Caesar crossed the Rubicon River with the 13th legion into Italy to march on Rome, he turned to one of his deputies, quite possibly, Marc Antony, and made the famous remark, “alea iacta est.”  Historians translate this as “the die … Continue reading

Posted in Bonds, German Bund, Interest Rates, Uncategorized | Tagged , , , | 19 Comments

Supply (lack of ) Driven Bull Market

I had an interesting conversation with an economist friend this morning about inflation and excess capacity. He sees no evidence of excess capacity in the U.S. economy, including the service sector, where he cannot find, say, a plumber for hire … Continue reading

Posted in Charts, Equities, Inflation/Deflation, Uncategorized | Tagged , , , , | 1 Comment