Who’d have thought that an African gold miner named after a sweet Italian liqueur* would be doing this (+12% today) during a correction for the
Day: October 22, 2020
Pigs Take Flight
A couple days ago we asked the question in light of rising long-term yields, a steepening yield curve and the ongoing reflation operations by policymakers.
Central Banks Don’t Understand “the Way the World Works”
Way back in 2004 (boy, how the years fly by) I wrote this article, one of first few I’d written. Deflation: A Manufacturer’s View I