Justin’s note: America can’t stop talking about Alexandria Ocasio-Cortez (AOC). AOC, if you haven’t heard, is a 29-year-old democratic socialist. Earlier this month, she became the youngest woman ever elected to Congress. And that concerns me. I say this because her...read more
While the market has been increasingly focused on the rising headwinds in the global economy in general, and China's economic slowdown in particular, while the media is obsessing over daily revelations that Trump may or may not have colluded with Russia to get...read more
Even at the height of the 2008 global financial crisis, which originated in the United States, global investors viewed US Treasuries as the safest asset available. But with US President Donald Trump undermining faith in the dollar, portfolio managers find themselves...read more
For years critics of central bank policy have been dismissed as negative nellies, but the ugly truth is staring us all in the face: Market advances remain a game of artificial liquidity and central bank jawboning and not organic growth and now the jig is up. As I’ve...read more
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