Market Update

In the short-run, the market is a voting machine. In the long-run, the market is a weighing machine. – Warren Buffett The Market and Economy Today (The chart above shows the rate of change for the Leading Economic Indicators Index. Source : https://www.conference-board.org/topics/us-leading-indicators) There aren’t too many instances I can think of where fund flows…

Look around the poker table. If you can’t see the sucker, you’re it. – Warren Buffett, February 29, 1988 The overall economic and market picture, which has been quite murky up to this point, is beginning to come more clearly into view. It has taken longer this time around, but it’s still the same old…

The one thing you can learn from history is that people don’t learn from history.  – Warren Buffett There are several major developments we should see unfold in the next few months. One can make parallels to the sticky inflation and stagflation of the 1970s and early 80s and, we can also make parallels to…

The War in Ukraine, China, and Inflation It is possible that this was a grave miscalculation from the Putin regime, given that they essentially conducted a repeat of the invasion of the Crimea in 2014 only this time on a larger scale in Ukraine, but alas this time, with totally different results. All indications seem…

On any objective scale, the United States has handled the Coronavirus pandemic abysmally. For just a very basic illustration, according to the most recent estimates, the United States has had 554 Coronavirus-related deaths per million people and has yet to peak.1 In countries that have already peaked and largely handled the pandemic, the numbers are drastically different. Germany sits at 112 per million (nearly 5 times lower) and Japan is at 10 per million (nearly 60 times lower).2