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Credit Writedowns
Browsing yearly archive
2016
China: Choosing More Debt, More Unemployment, Or Transfers
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The unwinding of the carry trade of the British pound sterling
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Donald Trump and the return of Rockefeller Republicanism
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Some initial thoughts on Trump’s victory
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Demographics are driving wages lower, which is negative for investment returns
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Monetary policy is at the end of the line
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Upbeat macro thoughts as Fed’s Jackson Hole Symposium begins
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Re-calibrating our thinking about Brexit after MPC rate cut
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The EU as a larger Germany post-Brexit and Hugh Hendry’s Eclectica Fund commentary
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The problem at euro banks
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