The Next Wave…
As was well-flagged over the past weeks by Repo market activity, the Active Treasury Issuance (ATI)* of government debt, combined
15 min read
Many aspects of markets and the economy have, in my view, all the characteristics of a slow moving train... wreck. Market prices, as well as the crowds' behaviour, provide strong signals to us as investors. We continue to Stop, Look, and Listen for news within the noise. Always aware that prior trains have run this track througout history.
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Macro
All that glitters…
This update consolidates our thesis for owning GOLD exposures and our recommendations for portfolios into one place. Over recent years,
Macro
“Thank you for your attention to this matter.”
This note highlights many economic indicators that are flashing warning signs for history-aware investors. A thorough examination of history reveals
Macro
Hold the line… weigh the arguments.
Hold the line is a military idiomatic expression meaning to stand firm in your position despite pressure or challenges. One
Macro
Inching towards a new (world?) order
Like many based in the Southern Hemisphere, I have spent too many hours since January 21 not sleeping and keeping