April Market Insights: Detonating a Tactical Financial Nuclear Weapon
Sowing the Seeds of a New Financial World Order? Download this article as a PDF. “With proper tactics, nuclear war need not be as destructive as it appears.” – Dr. Henry A. Kissinger The Ukraine/Russia crisis has highlighted a historic moment in the evolution of geopolitical balance. While the humanitarian perspective cannot be overlooked — […]
March Market Insights: Peak Inflation, Saved by Inertia?
Peak Inflation: Saved by Inertia? Download this article as a PDF. “Where have you gone, Joe DiMaggio?” – Simon & Garfunkel Given the continuing calls by market pundits for 50 basis point (bps) inter-meeting rate hikes — even while the Fed balance sheet is still expanding — or seven rate hikes in 2022 — despite slowing […]
February Market Insights by James Thorne: Is the Federal Reserve Losing its Independence?
Is the Federal Reserve Losing its Independence? Download this article as a PDF. “Grin and bear it.” – Alan Greenspan to Janet Yellen, 2016. When U.S. presidential nominee Donald Trump accused the Federal Reserve of political bias in 2016, then-Chair Janet Yellen was given some advice: “Grin and bear it.” Indeed, there is a demarcation line […]
January Market Insights by James Thorne: The Year of the Fed
The Maradona & Cantillon Effects: 2022 — The Year of The Fed! Download this article as a PDF. “I am Maradona, who makes goals, who makes mistakes I can take it all, I have shoulders big enough to fight with everybody.” – Diego Maradona Often referred to as the “goal of the century,” Diego Maradona, an […]
December Market Insights by James Thorne: The Law of the Hammer
The Law of the Hammer: A Volcker Shock in 2022? Download this article as a PDF. “It’s burning down the house to roast the pig.” —Robert Solow, Nobel Prize Winner, Economics (1987) The concept of the “law of the hammer,” attributed to psychologist Abraham Maslow, suggests that humans can often be biased to have an over-reliance […]
November Market Insights by James Thorne: Economic Squid Games
November Market Insights by James Thorne: Economic Squid Games October 29, 2021 Economic Squid Games: China’s Enduring Mastery of Survival Download this article as a PDF. “We’ve already come too far to end this now.” – Sang-Woo, Squid Game Squid Game is a dark drama set in Korea that depicts the lengths some individuals will go […]
October Market Insights by James Thorne: Stagflation
October Market Insights by James Thorne: Stagflation October 5, 2021 Stagnation or Change: Crypto and the End of the Petrodollar Download this article as a PDF. “Just follow the money.” – Deep Throat, All the President’s Men In 1972, while Carl Bernstein and Bob Woodward were investigating the break-in of the Democratic National Committee at […]
September Market Insights by James Thorne: Covid’s Lasting Economic Scar
Covid’s Lasting Economic Scar & A Goldilocks 2022? Download this article as a PDF. “This porridge is just right.” – Goldilocks and the Three Bears As the delta variant exerts its strength, the world is coming to terms with the sobering reality that Covid-19 is not going away anytime soon. Since the pandemic began, influential researchers […]
August Market Insights by James Thorne
The Case for Deflation: Central Banks & Princes of the Yen “Central banks have the power to create economic, political and social change.” — Princes of the Yen, 2003. In his book, Princes of the Yen, Richard Werner warns us to never underestimate the central bank’s ability to achieve its agenda[1]. He follows the actions of the Bank […]
July Market Insights by James Thorne
Meme Stocks, Millennials and The Fourth Turning Download this article as a PDF. “We are the middle children of history…raised on television to believe that one day we’d all be millionaires, and movie gods, and rock stars. But we won’t. And we’re slowly learning that fact. And we’re very, very pissed off.” — Fight Club, 1999. […]