In This Article
Tombstone “You’re a daisy if you do” ~ Doc Holliday One of my favorite movies of all time is Tombstone. The story of Wyatt Earp and his brothers Marshall and Virgil as they attempt to settle down in Tombstone, AZ., leaving behind Wyatt’s “storied” history as the former Dodge City man of the law. However, after numerous encounters with…
In This Article
Well, that didn’t take long “What to expect?! Think “bail out”” ~OSAM June 2021 The United States is neither a straight Democracy or Republic, for nearly 250 years, we’ve operated as a Democratic Republic or Representative Democracy whereas citizens vote for their politician or representative (Senators and Congressmen alike) who then, in turn, make laws on behalf of those whom…
In This Article
“For a moment, think stepping on the gas of a Porsche, launching it from 0 to 100 mph to then lighten up on the gas pedal gently settling your speed at a comfortable 90 mph. Quite different than a deflationary event which would be akin to slamming on your breaks abruptly decelerating from 100 to 20 mph.” OSAM May 2020…
In This Article
The Inflation Debate… “…when a successful trade becomes consensus, the clock is more than likely ticking… Year-over-year growth should explode higher over the next few month due to the base effects of last year, though we could very well be a mere quarter away from reaching the top of a market decline that will make most investors feel like…
In This Article
It’s Baaaaack!!! “If carry makes the world go ‘round, and reserves make carry possible…the day we run out of reserves would be the day when the world would stop spinning… No, this is not an overstatement.” Zoltan Pozsar Credit Suisse Global Money Notes #26; December 9th, 2019 This month’s note will be lean, but tight. Our focus today will be an often forgotten, yet tremendously…
In This Article
A Star was born… On March 30, 1970 at 12:10 am one of the greatest athletes in history was born. He was a stud, though as is typical with those who become special, it’s not often recognizable from the onset. “I didn’t think much of him when we first got him” “I thought he was just a big clown….
In This Article
Rigidity of BELIEFS… In the 1950’s a West German pharmaceutical company by the name of Chemie Grünenthal GmbH developed what had appeared to be a miracle drug. Early animal studies suggested this drug to be so benign, researchers believed it was nearly impossible to administer a lethal dose (based on what is known as the LD50 test; also known as…
In This Article
THE EPOCH OF INCREDULITY Epoch: a period of time in history or a person’s life, typically one marked by notable events or particular characteristics. Incredulity: the state of being unwilling or unable to believe something. Epoch of Incredulity: A period of time in one’s life, marked by a notable event where it became nearly impossible to believe your own…
In This Article
When’s the Monthly? I’m a fan… Recently I received the above question asking when the December monthly would be released. Our intent was to hold our thoughts for a few weeks, but given the question, after further consideration we felt it important to briefly explain why… No, we haven’t taken any time off. Last month we attempted the impossible;…
In This Article
The Sequel … We published our 4Q2017 note titled, “Hero to heel in just under a week”, later than usual due to compliance restrictions as we opened our doors. I resigned from my previous firm the evening of January 25th, 2018 the day before markets “topped” as we headed directly into “#Volmageddon”. By the time we had received approval…
