Category: Business Columnists

Quantitative Tightening is a Nothingburger

Commentary  Markets are in a state of heightened anxiety as the Federal Reserve is shifting to a tightening stance with an abruptness not seen in decades. Since just last September, the Federal Funds rate expected to prevail in mid-2023 has increased by 1.25 percent according to futures markets. While rapidly shifting its market guidance on…


The Canadian Truckers’ Battle Against COVID Tyranny

Commentary  The tinpot dictator Justin Trudeau thought he could extend his regime of COVID tyranny, but a massive number of Canadian truckers have defied him. They have a good chance of forcing him to back down and maybe toppling his government as well. Aden Tate tells us what happened: It was on Jan. 15 that…


Is Hong Kong’s Financial Hub Status in Jeopardy?

Commentary If the “Hong Kong security law” couldn’t crater Hong Kong’s financial services industry, perhaps its “zero-COVID” policy could? That’s what the Chinese city is grappling with, as expats within its financial services sector head for the exits due to the city’s draconian quarantine, lockdowns, and restrictions to combat the ongoing CCP virus epidemic. Hong…


Real Estate Prices are Soaring—How Bad Is It?

Commentary There’s been a lot of hand wringing about the real estate market recently. And with good reason. Home prices have been on an absolute tear for the past two years. Since the low of the pandemic, home prices have seen 13 consecutive months of increasing prices. By July 2021 they were up 20 percent…


Risk Parity, Why Should You Care Now?

Commentary  What is Risk Parity and why should you care? Risk Parity is an investment strategy of the world’s largest hedge funds and many others. The estimates of how much money is in these strategies are anywhere from hundreds of billions to $1.5 trillion. So even if you don’t care about Risk Parity it can…


Climate Change: Gaslighting Americans Into Socialism, Part 1

Commentary  Is the push by America’s elite to “save the planet from climate change” actually just gaslighting Americans into socialism? I recently discussed the clear connection between the Central Bank policies and rising wealth inequality. However, an article by Ken Rogoff suggests the real need is more “fiscal policy.” To wit: “But interest-rate adjustments are…


5 Things That Leave Customers with a Bad Taste in Their Mouth

There’s a lot to be said for maintaining strong relationships with your customers and promoting a positive brand image. Unfortunately, all of that hard work can be destroyed with just a few mistakes. How do you know if you’re making them? Avoid These 5 Mistakes It’s foolish to assume that all customers are the same….


Are We Heading for Stagflation?

Commentary  Investors of a certain age will remember the economic difficulties in the United States in the late 1970s.  The malaise of the time led to the use of the term stagflation used to characterize weak or negative economic growth combined with high inflation or high unemployment.  In turn, this led to the use of…


Scientists Conclude Dire Climate Change Models Were Wrong, Now What?

Commentary  The Wall Street Journal reports “Climate Scientists Encounter Limits of Computer Models, Bedeviling Policy.” That is a non-paywalled, free-to-read link courtesy of the WSJ. It’s lengthy but an excellent read. I encourage everyone to take a look. The dire predictions went out the window, seemingly unanimously. But there is plenty in the article for…


Fed Paper on CBDCs Roils All Markets, Not Just Cryptos

Commentary Last Thursday afternoon, the Federal Reserve released a long-awaited report on the subject of a so-called “digital dollar.” In particular, those who do not like or trust the burgeoning Wild West of Bitcoin and its many relatives have wanted the Fed to weigh in and—in their view—take back control of the narrative of what…