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Liquidity is King
Markets all over the world, in nearly any asset class, display a preference for liquidity over quality, location and return. To b... | 8 February 2013
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World Disease… For All of Us: Weakness
Every country, every power structure is weaker now than in the past, say, a few decades. This development can be seen a... | 14 September 2012
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A Plea… A Prayer for Free Markets Now
There is a Keynesian justification for moving away from free markets for sovereign debt for temporary conditions so long... | 5 September 2012
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Tale of Two Cities (Markets)
Charles Dickens pointed to the difference between two cities in the 1890s. And he could have been thinking about a conf... | 25 August 2012
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Shoulder Update