Month

Hope all goes well… Dusted off an anecdote from June 2018, when the multi-decade trend toward ever lower inflation rates had started to shift. The process that started back then appears far from over (see below). I take the late summer off from writing, to squeeze in some reading. Recharge. Hoping the same for you. All the very best, Eric Week-in-Review: Mon: PBOC cuts 1y LPR by 10bp (5y unch) / smaller than mkt was

Hope all goes well… Dusted off an anecdote from June 2018 about journeys, and sharing our fears, failures, joys, discoveries (see below). I take the late summer off from writing, to squeeze in some reading. Recharge. Hoping the same for you. All the very best, Eric Week-in-Review: Mon: Japan 2Q GDP 6.0% (2.9%e), Japan 2Q GDP Deflator 3.4% (3.8%e), Australia Wage Price Index 3.6% (3.7%e), China July Retail Sales 2.5%

Hope all goes well… Dusted off an anecdote from September 2018 about particle physics, financial markets, quantum entanglement, and how opportunities often appear as mysterious phenomena (see below). I take the late summer off from writing, to squeeze in some reading. Recharge. Hoping the same for you. All the very best, Eric Week-in-Review: Mon: Ukraine launched more drone attacks on Russia over the weekend, Jeff Cu

Hope all goes well… Dusted off an anecdote from October 2018 about accidents, our reactions to them, the opportunities they represent (see below). I take the late summer off from writing, to squeeze in some reading. Recharge. Hoping the same for you. All the very best, Eric Week-in-Review: Mon: BoJ conducted an unscheduled JGB buying operation as yields continued higher following Friday’s YCC adjustment, ECB’s Lagard