Category Archives: Perspective

The Bond Chimera

Investing by definition involves making decisions under uncertainty, as the future is unknowable. Given the regime change underway in Washington, uncertainty of current events is at or near its zenith. The anxiety behind the heightened degree of uncertainty is apparent … Read more

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Doublethink

“Doublethink means the power of holding two contradictory beliefs in one’s mind simultaneously, and accepting both of them.” – George Orwell, 19841 The parody of a presidential election playing out on the ubiquitous combination of traditional and social media reminds … Read more

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For Whom? Part II

Leader of the Job Creator Brigade As my several readers around the globe may recall, I have written before about the irony of the GE CEO’s appointment to chair President Obama’s Council on Jobs and Competitiveness (see the January 23, … Read more

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For Whom? Part I

An endless trail of evidence seems to emerge over time of a tilting of the proverbial playing field to the disadvantage of the ordinary investor. Currency and interest rate manipulation allegations against major Wall Street firms, accusations of stock price … Read more

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Gilded Age Regulation

Mark Carney, Governor of the Bank of England, gave a remarkable speech in London this week at the Conference on Inclusive Capitalism (found at Carney’s Inclusive Capitalism Speech). Carney’s speech is eloquent, philosophical, and thought provoking. What makes the speech … Read more

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