This morning stock futures are rising as steps are being taken to reopen parts of the global economy. In addition, Japan has announced it will engage in further “unlimited’ bond buying/money printing. For the past decade, the US has been following Japan’s lead in this policy of massively expanding the money supply. We have to [...]
First and foremost, our hearts go out to the victims of this horrible tragedy. There is no model or quantitative analysis that can begin to measure the pain and suffering being experienced across the globe. It’s was very difficult to sit down this weekend to compose an investment newsletter at a time when, for many, [...]
In our special mid-month report, I will address our current view and steps being taken on your behalf during this very difficult period for the world and the financial markets. Although the stock market futures are suggesting a rebound from a record drop yesterday, our view is that extreme caution is warranted. . [...]
The equity markets are rallying following Friday’s sharp sell-off due to fears of the Coronavirus spreading. In this month’s report we will consider the implications of the virus’ further spreading and contagion risk to the financial markets. .