Is It a Market Correction or a Reallocation?
We ask if recent market volatility was a broad market correction or a reallocation within and among asset classes. Or is something else driving volatility because of disruption (AI, tariffs, wars, federal deficits)?
Help Save an Accredited University from a Political Attack
FL Gov DeSantis is trying to take the USF Sarasota-Manatee campus and transfer it to New College. IMO, this would be a disaster for the Sarasota-Manatee community and the state.
Donroe Doctrine Part 3 – A Possible Bullish Outcome of the Maduro Affair
Trump’s Venezuela actions have lessened the Maduro threat to oil production in various South American countries. The outcome has possible bullish scenarios for oil.
Coffee, Fishing, & ICE
Fishing trips start with morning coffee, so we pass on info from JAMA before discussing a recent fishing trip. ICE is last.
Strong Dollar?
Treasury Secretary Bessent favors a “strong dollar.” He works for a president who has said he wants a weaker dollar. With a single chart, we examine what markets are saying.
Trying to Forecast the Price of Gold?
We examine some statistical evidence that may be helpful in estimating the future price of gold using a present set of variables.
Doing the Twist
These are the moves: More short-term T-bills. Shorten US Treasury debt maturity. Try to force interest rates lower.
Kotok Quick Take: Central Bank Attacks – Raising Our Voices, Tillis, Thune, & Warsh
Trump has nominated Kevin Warsh for Federal Reserve chair — fine, but the administration’s attacks on the Fed need to stop. Here’s my quick take.
K Is Not Just a Cereal
We thank Michael Drury, Chief Economist at McVean Trading, for permission to share some of his views on the K-shaped economy and the outlook. Discussion follows.
US-Venezuela Policy: Follow the Money
To understand some of the US-Venezuela policy, we must follow the money. Here’s the story as we see it today.