Economic Analysis

Viral Thoughts

Thoughts from the Frontline

April 24, 2020

We are looking at a world with parameters bounded by pure imagination; where we go from here is anyone's guess.

—Will Thomson and Chip Russell, Massif Capital

Coronavirus Will Wipe Out These Three Industries for Good


April 20, 2020

The coronavirus has come through and absolutely annihilated some of today’s biggest industries. 

Repricing the World

Thoughts from the Frontline

April 17, 2020

The viral fog is starting to thin. US coronavirus case growth appears to be slowing, albeit at a tragically high level. Governments and businesses are thinking about the next stage.

I’m using this proven strategy to buy stocks today, and you should too…


April 13, 2020

This is easily the most important RiskHedge Report I’ve written this year. I hope you’ll read it closely.

Bending the Inflation Curve

Thoughts from the Frontline

April 10, 2020

“Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output. … A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth.”

—Milton Friedman, The Counter-Revolution in Monetary Theory (1970)

My most controversial call ever


April 6, 2020

This might be my most controversial call ever…

Notes from Lockdown

Thoughts from the Frontline

April 3, 2020

In times of change learners inherit the earth; while the learned find themselves beautifully equipped to deal with a world that no longer exists.

—Eric Hoffer

Coronavirus just triggered this $1.5 trillion disruption


March 30, 2020

“I almost cried when she pressed on the window,” my wife said.

Postcards from the Frontline

Thoughts from the Frontline

March 27, 2020

Unprecedented events are happening so fast, I barely know where to start. But let’s begin with a small one, noticeable perhaps only to me.

The disruption that handed investors 2,718% and 1,066 gains is repeating itself


March 23, 2020

I’m holed up here in Ireland with my wife and daughter, working from home.