Thoughts from the Frontline: Tag = "uk"

Pension Sandpile
  • October 14, 2022

Pension Sandpile

Sandpiles can be fun. Nothing beats taking kids to the beach (or being a kid!) and watching their creativity blossom into all kinds of magical shapes. The problem with sand construction is it doesn’t last. I have it on good authority that building your house on the sand probably won’t end well.

Read more
Currency Crescendo
  • September 30, 2022

Currency Crescendo

Big problems usually begin as small problems. We see that in nature, where small disturbances become hurricanes, and we see it in the economy, too. So, it shouldn’t surprise us if the economic disturbances of the last years compound into something bigger.

Read more
More on the Yield Curve and Helping Ukraine
  • April 15, 2022

More on the Yield Curve and Helping Ukraine

It’s Easter weekend, so we are going to revisit a 2018 letter about the yield curve. The yield curve is much misunderstood and misused by many analysts. This letter will give you the tools to understand the correct importance and relevance of the yield curve. And then, a few comments about Ukraine.

Read more
Change Squared
  • March 4, 2022

Change Squared

“How did you go bankrupt? Two ways. Gradually, then suddenly.”

- Ernest Hemingway, The Sun Also Rises

Read more
Thoughts from the Frontline

Archive


Interviews with leading experts digging deep on the most urgent stories you need to know about. Get Global Macro Update Interviews with leading experts digging deep on the most urgent stories you need to know about. Get Global Macro Update