Why did nobody see inflation coming? That’s what the media is pondering today. Just as they did about the 2008 financial crisis, and every other significant economic development before that.
There’s a lot going wrong in the world today. The list of crises is getting mighty long. Financial debacles, geopolitical standoffs, economic confusion, monetary madness,…
Winter is coming and Europe is short on gas. How much longer will people put up with Russian sanctions? Nigel Farage and I suspect not long, given a subtle change we’ve detected in the news…
For the past six months, they’ve given us a spiel about inflation. But that was only Act 1 of the Merchants of Monetary Menace. And now it’s time for Act 2, with the same theatrics over the coming recession.
My article “When soaring profits are a bad sign for stocks” triggered plenty of reader mail. I asked whether underinvestment in the future was leading…
The reader mailbox is overflowing with some cracking commentary from… none other than yourselves. There were emails about inflation, discussion of stagflation, commentary on a…
Yesterday, I asked you simple question: is it possible to bring down double-digit inflation with 3% interest rates? It would have sounded like an absurd…
Does your investment strategy include the prospect of monetary policymakers getting things completely wrong? Well, it should, according to Nigel Farage. Because they consistently do.…