Credit Bubble Stocks
Tuesday, August 18, 2026
Tuesday Night Links
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One argument against Amazon is that it is investing for a revenue volume that will never come. That's a different argument, to me, than ...
Wednesday, August 5, 2026
Wednesday Night Links
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The world has been noisy recently. Geopolitical conflict, shipping disruptions, tariff fights. I don't know how those will resolve. Wha...
Tuesday, July 21, 2026
Tuesday Night Links
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Washington said Wednesday that, as of next week, it would impose a 25% tariff on some 3,000 goods from Brazil. It is the first country hit w...
Thursday, July 2, 2026
Thursday Night Links
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Our modern Midas-in-Reverse hopes his hagiography one day describes the great ‘labor’ of his shepherding the nation through an historic cros...
Tuesday, June 30, 2026
Books - Q2 2026
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The Man Who Ran Washington: The Life and Times of James A. Baker III (3/5) Since we are having a new Gulf War , we decided to read about th...
Saturday, June 27, 2026
Imperial Tribute
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A government with budget deficits around 6% of GDP, debt above 120% , and a worker-to-retiree ratio under three is headed for a crisis. In ...
Thursday, June 25, 2026
Thursday Night Links
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If defeat seems a strong word, consider what we do know about how this war will end. Iran has suffered significant damage from U.S. and Isra...
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