What follows the everything bubble is the crash of everything in what has now become uninvestable markets. The first quarter of 2022 has been a bloodbath for investors with no safe haven places to hide. Many have allocated 60% of their portfolio in cash, US dollars, since the first quarter of 2022. As we noted in our top trends for 2022, the US dollar would outperform all other currencies in 2022. Our rationale for believing that...
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When will shrinking demand in the economy put pressure on monetary policymakers to revert to easing? The bond market rout sent the 10-year treasury yield to almost 3%, which jumped 120 basis points since January. Rising treasury yields, particularly the 10-year treasury, is a big deal because this debt instrument is a yardstick for setting interest rates for home mortgages and car loans. So the rising 10-year treasury yields increase...
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They are young, entrepreneurial, looking for cheap cross-border transaction solutions and an exit from failing fiat currencies, and they are increasingly pivoting to cryptocurrencies. Technologically savvy smartphone generation who have grown up in the digital age, many are economically active in the global digital village voted their preference of what future money will be, and it increasingly looks like cryptocurrencies....
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The blood profits are flowing for those with a stomach for investing in military defense companies in times of war. I feel uncomfortable profiting from defense stocks in wartime and have kept away, but it takes all sorts to make the world spin. So the Russian invasion of Ukraine in the first few days looks like a cakewalk as an endless rolling mass of Russian armor, tanks confidently, arrogantly thrust deep into Ukrainian territory...
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The last time a Russian default occurred was in 1998, but could the next one be as significant as the Bolshevik revolution a century ago. Russia narrowly avoided a default this week, Mach 16, on the $117 million in interest payments it owes to investors by ordering the debt payments on the country’s frozen dollar reserves, according to Anton Siluanov, Russia’s finance minister. But here is the kicker, it is unclear whether...
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