Substack Library
GlossaryHealth Is Wealth
September 29, 2023News flash…Master, Minion just won an award. I can’t reveal what award until later this year, but I am surprised and delighted. So…if you want an enjoyable read that gets into the psychological dimensions of a financial war, a good read awaits.
Barbarians at the Gate
September 25, 2023“Resolving the Taiwan question and realizing China’s complete reunification is…a natural requirement for realizing the rejuvenation of the Chinese nation.” – China President Xi.
Pattern Recognition
September 22, 2023“We’re entering an age of acceleration. The models underlying society at every level, which are largely based on a linear model of change, are going to have to be redefined.” Ray Kurzweil, Director of Engineering, Google.
A Stock, An Index, and a Twinkie
September 18, 2023“Even if parallel lines do meet and I see it myself, I shall see it and say that they’ve met, but I still won’t accept it.” Ivan, The Brothers Karamazov, Dostoyevsky, 1879.
Oil Market Action
September 11, 2023“In the late 1970s, the average American adult male weighed 173 pounds. Now the average American man tips the scale at nearly 200 pounds…’average’ is not necessarily optimal.”
European Bonds
September 7, 2023German bonds look like Japanese and American bonds—vulnerable, though for slightly different reasons.
The Warrior
September 3, 2023Leonid, our first guest on Season #6 of the podcast, is not an easy man to land a conversation with. He is a drone operator on Ukraine’s front lines and, understandably, quite busy. Preventing Russian invaders from killing him and his compatriots takes precedence over talking to me and, via this link, with all of you.
Japanese Bonds
August 31, 2023I switched from journalism to finance in September 1998. My first job was at a bank on the “currency desk,” meaning we traded global currencies and interest rates for corporate clients. My boss believed the dollar would rise against the Japanese yen.
Never Look Away
August 29, 2023“If you will take my advice you will tell us everything…” -Mr. Skinner.