Ray Dalio wrong about ‘great sag’

ECONOMY Ray Dalio says the world is in a ‘great sag’ and echoes the 1930s Hedge fund titan Ray Dalio believes it is too late for central banks to reverse a global slowdown.   Dalio is warning that current conditions remind him of the Depression-era…

Trump impeachment odds are way over-inflated

Predictit.org gives 73% odds of Trump being impeached by the end of his first term: And a whopping 46% chance by the end of 2019: Both these odds seem way too high, especially the second. The first contract implies that by taking the ‘no’ side…

Post-opinion era

In America’s hyper-efficient, hyper-capitalistic, results-orientated economy and society that is increasingly dominated by capital and wealth, individual opinions matter less and less. Moralizing is on the way out. No one cares what you think about things. That is not to say that there isn’t a…

What does it mean to be iconoclastic?

I found this passage (for some reason I am unable to find the original link to his blog) attributed to Scott regarding dissent, to be interesting: Western society has been moving gradually further to the left for the past several hundred years at least. It…

Using the interest rate cycle to predict the market

The S&P 500 keeps going up. Had you bought in early 2018, when Trump initiated his tariffs, you still would have still made 15% in spite of all the dire media pronouncements. The media and pundits are pushing this narrative that society is on the…

The trade deal merry-go-round

On Saturday Trump announced yet another trade deal with China (for some reason these deals always happen on Saturday). But I thought I must have been hallucinating because I was sure that Trump announced such a deal at least a few weeks ago. No, my…

But weren’t the tariffs supposed to be inflationary?

Low consumer inflation opens the door for Fed to cut interest rates further The consumer-price index was flat in September, the government said Thursday, marking the smallest change since January. Economists polled by MarketWatch had forecast a 0.1% advance.   The increase in the cost…

Dear dissent right, Trump is just not all that into you

Bill Ram Z Paul Gates put out another video, this time calling out Trump for ‘de-platforming’ Michelle Malkin. This is in regard to Trump’s resort, Mar a Lago, which rescinded hosting an event by ACT, with Michelle Malkin who was scheduled to be the keynote…

The Crisis

A new post from Jim The crisis It looks as though the 2020 election is going to be decided by which side puts the other side’s leading candidates in jail, which is not all that democratic and is on trend for the end of democracy…

The Chinese Millennial Experience is also an American one, and vice-versa

Saw this article going viral China’s Millennials The viralness of the article is evidence of the intense interest and approbation by smart Americans of China, as part of the US-China intellectual and cultural connection, as I have written about on numerous occasions. From the article,…