We are still early in this carnival of wild speculation.

Pandemics have a way of shifting the course of history, and not always in a manner immediately evident. We’ve crossed some chasm by directly giving money to people.

Investors should be on guard for a more volatile and disruptive phase ahead.

American civilization like any other is a transitory thing. But the effort to meet the challenge of the rising East may yet reinvigorate it.

Even after 50 years, the ICT revolution is far from complete. As we look ahead, a green socially sustainable golden age is technologically possible.

It will take years, rather than months, of a dismaying cycle in which cases subside and surge before we achieve global immunity, even after inoculation.

We continue the conversation daily in our members-only Slack group. Here’s a summary of the most helpful insights gained from the community last month.

“One of the leading causes of the shift of American values and the destruction of the American dream was the rise of corporations.”

We’re bullish on gold. It is an essential asset to own as a hedge against dollar weakness and a drop in risk assets.

A 1.5 percent yield on the 10-year Treasury in a time of rapidly accelerating inflation. Is there anything more perplexing?

Financial markets are simply adjusting to a new rate hike cycle. That is all there is to it. The bull market will soon enter its third and perhaps final stage.

Everything we observe indicates that the pandemic is nearing its end. This is bullish for the leisure and travel industry.

Several key market mysteries will be unraveled in the coming year. The question is, can fundamentals trump fear?

Fed chief Jerome Powell is emulating Alan Greenspan’s activist monetary policy approach from 1994. This holds lessons for all of us.

We continue the conversation daily in our members-only Slack group. Here’s a summary of the most helpful insights gained from the community last month.

A common assertion is that markets won’t bottom out until we see clear signs of a dovish central bank pivot. We disagree with this.

What are genuine signs of reopening and what is noise? Don’t focus on the economy, the covid outbreak, or the protests; listen to the market.

With eyes wide shut, most people don’t expect to see what they’re not looking for. We encourage you to open your eyes.

We continue the conversation daily in our members-only Slack group. These are the most helpful insights gained from the community last month.

Europe hasn’t traded-in its green credibility for energy security. Instead, Russia’s war is accelerating the race to zero emissions.

Bringing together the most interesting people in the most interesting locations for the most interesting ideas.

What’s the fate of globalization?

Banks are under stress and pockets of the commercial real estate market are showing cracks as well. What’s next?

Is it blasphemy to argue that the Fed is doing a good job and that “immaculate disinflation” is already underway?

I didn’t think it was possible, but I returned from my New York trip even more bullish.

Do we need Milton Friedman? Or are we confident in our analysis that money supply is divorced from business cycles?

The favorable inflation base effects will start to fade just as the Fed ends its tightening cycle later this year. What could possibly go wrong?

Bringing together the most interesting people in the most interesting locations for the most interesting ideas.

Bringing together the most interesting people in the most interesting locations for the most interesting ideas.

The best time to buy TLT, the popular bond ETF, was last October. The second best chance is now.

Bringing together the most interesting people in the most interesting locations for the most interesting ideas.