It was February 4th, 1994, and I was on a plane to LA from Sydney. I was treating myself to 4-week holiday skiing in Aspen and then on to New York; 1993 had been a good year. Initially when my boss, Richard Farleigh, had resigned 10 months earlier I wasn’t... Show More
So far in 2018, markets have grappled with rising bond yields, full employment, US Federal Reserve tightening, a weak USD currency and rising fiscal deficits, spurred by tax reform. We have seen these exact issues before. The year was 1987. Show More
China is now the biggest elephant in the global room. We will have to get used to it. International financial news will not tell us how many cats did not get stuck up a tree this morning. Instead, they will report every crisis, real or imagined which occurs around the... Show More