Commentary / World Mar 8, 2022

How to make sense of market forecasts in wartime

Trying to predict whether economic activity will rise or fall is almost impossible because what you’re really trying to do is predict human behavior.

Commentary / World Nov 25, 2020

Gold is a hedge against bad government decisions

The job of the government and the central bank are simply to create the conditions necessary for people to prosper. They are not doing a very good job at it, judging by the price of gold.

Commentary / World Sep 16, 2020

Wall Street fears a U.S. election with no clear winner

As it pertains to markets, it is less about the outcome of the election and more about the process.