Sometimes it is vital to widen our perspective from the day-to-day trek through the trees of investing decisions and market data to take in the entire landscape. This morning, I take a couple of minutes to do that. Let’s look at the big picture.
(Note: Captions are automatically generated and subject to error. The French impressionist artist I mentioned at the beginning is Camille Bombois.)
In plain language Bill Nelson offers a primer on Fed policy and the Fed’s floor system, its balance sheet size, and his view of a perpetual “Minsky Moment.”
The 2026 Ebola outbreak in the Democratic Republic of the Congo and Uganda is a reminder that infectious disease threats do not stay neatly inside national borders.
We eradicated the screwworm scourge a half century ago. Thanks to the new policy led by the co-author of Project 2025, the screwworms have returned and will cost Texas and all of American ranchers billions while threatening citizens with a fatal infection that they don’t know about and are not prepared for.
In this Part 2 of this series, we examine the period leading up to the founding of the State of Israel.
David would love to hear from you. Please Feel free to reach out and send an email.