David Kotok offers insights and analysis on current economic and political issues and their potential impact on global financial markets. David’s articles and financial market commentaries have appeared in The New York Times, The Wall Street Journal, Barron’s, and other publications. He is a frequent contributor to Bloomberg TV, and Bloomberg Radio, Fox Business, and other media.
It took a “leaked” grand jury report to reveal this scandal. The damage to Florida business will never be tallied. This scandal rivals the Teapot Dome scandal or the Nixon 18½-minute tape scandal, IMO.
This 25th anniversary year our Camp Kotok group helped the Downeast Lakes Land Trust. The story around this and the broader conservation movement may surprise you.
We address idea of the taking a trillion dollars created out of thin air by the Federal Reserve by repricing the gold certificate on their books and immediately putting it in the Social Security trust fund.
Trump’s first time ever use of Section 338 tariffs has raised risk to the defense investment sector because of the possible change in the Canadian F-35 future purchase decision.
President Trump’s use of Great-Depression-era Smoot 338 tariffs, the first time ever in US history, has opened a Pandora’s Box that may alter the outcome of the midterms.
A short story dedicated to Stanley F. Druckenmiller in honor of his August 24th WSJ editorial, followed by two essential reads.
Today we examine a possible trade. Consult your adviser for details and decisions. This discussion is not investment advice.
This weekend we witnessed a first-time use of Smoot-Hawley in American history: Trump actually deployed Section 338 of the Depression-era law against Canada. IMO, this is serious.
Our pre-dinner deck chat at Leen’s Lodge on Sunday, August 9, focused on gold, USA creditworthiness, and China’s payments system versus the US payment system. Are we looking at a Bretton Woods 2.0?
We’re cooking up some serious AI conversations along with our fish in Maine. One of our panels during the gathering focused on AI. Two experts contributed, and Eric Hale moderated with aplomb and élan. The Q&A and the continuing post-panel conversation were fierce. There is a report on the panel, along with the associated survey; and in it there can be found 16 AI usage recommendations.
Our time at Camp Kotok included a riveting discussion around US healthcare policy, funding, and implementation. We follow up this morning with a report on policy blows to the functionality of US healthcare system.
I strongly recommend readers take 4 minutes to read Chris Whalen’s IRA, “777 Partners and the End of Private Credit.”
“People in the private credit trade will tell you that raising new money today is almost impossible. Why? Because there are growing signs of contagion in the insurance sector…”