WM 26 December 2022
Quotes Lessons & thoughts Linde effect Goblin mode Goblin mode : indulging in lazy or selfish habits Richest people Capital allocation Von Mises Problem Your own prison Meaning Sentiment Macro news Money GDP Demographics War (soon over?) Defence Covid China overwhelmed as 250m people got Covid in a month! China Pro and anti vax debate highlights temptation to the extremes. Why fear the unvaccinated if you are vaccinated is beyond me. Moreover, the side effects of vaccination are now better known. When "science" is used as a religion and doubt is no longer tolerated, we are heading for authoritarian regimes. The sad irony of it it all, is that it now advocated by liberal champions... Exports Recession Confidence Inflation Yield curve Asset allocation: favour real assets over financial assets FX DXY Historic move in JPY EURUSD Precious metals & Crypto Fixed income New secular bear market in bonds Long term tre...