“The entire world economy rests on the consumer; if he ever stops spending money he doesn’t have on things he doesn’t need – we’re done for.” – Bill Bonner, Author
“You’re thinking of this place all wrong. As if I had the money back in a safe. The money’s not here. Your money’s in Joe’s house… right next to yours. And in the Kennedy house, and Mrs. Macklin’s house, and a hundred others…” – George Bailey, “It’s a Wonderful Life”
“The whole reason that our capitalist system works the way it does is because there are cycles, and the cycles self-correct.” – Seth Klarman, Baupost Group
We use cookies to give you the best experience, as detailed in our privacy policy. By continuing to use this website, you consent to the use of cookies. X
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
Fourth Quarter 2023
Tapped Out?
“The entire world economy rests on the consumer; if he ever stops spending money he doesn’t have on things he doesn’t need – we’re done for.” – Bill Bonner, Author
Third Quarter 2023
Mixed Signals
“Economics is extremely useful as a form of employment for economists” – John Kenneth Galbraith, Economist
Second Quarter 2023
Next Stop—Pottersville!
“You’re thinking of this place all wrong. As if I had the money back in a safe. The money’s not here. Your money’s in Joe’s house… right next to yours. And in the Kennedy house, and Mrs. Macklin’s house, and a hundred others…” – George Bailey, “It’s a Wonderful Life”
First Quarter 2023
Return to Trend?
“The whole reason that our capitalist system works the way it does is because there are cycles, and the cycles self-correct.” – Seth Klarman, Baupost Group