Be Water

Having covered Japan and bonds, I suppose I should go over the third risk I’ve talked about, liquidity. Liquidity ... Read More


Bond. Treasury Bond.

There’s a lot going on in markets, right now. In cases like these, I think it’s important to ... Read More


Further Along the Japan Story

As talked about last week, Japanese troubles seem to matter. Their yield curve control (YCC) adjustment has caused their bond ... Read More


The Land of the Rising Sun

Japan has been getting exciting, lately. Inflation has been back on the rise, with core inflation looking sticky around 4.2%. At ... Read More


Q2 2023 Quarterly Report

Last year, we did quite well by staying defensive. This year, that has looked like a horrible decision. What changed? ... Read More


Non-Fundamental Factors

  I generally try to stay away from getting into the weeds of what happens in the market, as it’... Read More


Busy Times Ahead

We’re certainly going to start of the second half of the year with quite a lot going on. Earnings ... Read More


Party Like It’s 1999

The Nasdaq 100 (QQQ) had the best-ever start to a year in its history, up 39%. Why did this happen, and more ... Read More