Category Archives: Ruminations

High Yield Spreads, Minsky Moment & Putin

I’m bracing for what could be a pretty severe market correction. There is a lot of leverage being used in the market with little appreciation of the risks, sometimes referred to as a Minsky Cycle. Once that cycle takes hold … Continue reading

Posted in Democracy, Diplomacy, Economics, Foreign Affairs, Politics, Ruminations, Stocks | 1 Comment

The Falklands Conflict: What China May Have Learned & How They Might Be Applying it in the South China Sea

It has been said that China’s policies are developed in terms of decades, which might be in contrast to other countries that seem to be fixated on issues relevant to the next election cycle.  The South China Sea policy may be … Continue reading

Posted in Diplomacy, Foreign Affairs, Ruminations | Tagged , | 1 Comment

Is there a storm coming?

Anyone who has spent some time in a sailboat will have an appreciation for the ‘calm before the storm’.  It is a brief moment that is simultaneously peaceful and unsettling; there is no mistaking it. Everything slows down and the … Continue reading

Posted in Business, Economics, Finance, Global Interest Rates, Globalization, Macro, Monetary Policy, Ruminations, Stocks | 2 Comments

Stock-Vacancy Ratio: Lowest Reading Since 2000

After updating my chart with the most recent JOLTS data from the BLS, I noticed that the Stock-Vacancy Ratio is currently at a historic low – at 1.06, beating the 1.09 reading in 2000. What does this mean? That is … Continue reading

Posted in Business, Economics, Human Resources, Labor, Ruminations | 2 Comments

Are Boomers Crowding Out Tomorrow’s Workforce?

I’ve come across a few articles discussing the idea that the older workers are, or are not, taking jobs from the young.  I find this discussion interesting and one I want to ponder over a bit. The first is one from … Continue reading

Posted in Business, Economics, Human Resources, Labor, Macro, Politics, Ruminations, Society | 2 Comments

Economics and Parties

I found these interesting thoughts hidden in one of my notebooks.  I never finished it, but I think the timing was not coincidental – November 2006.  I wish I could say that I can write like this now, but my … Continue reading

Posted in Economics, Macro, Ruminations, Society | 2 Comments

Democracy and Its Discontents

David Brooks of the New York Times just wrote an interesting piece about the political problems facing the United States and the European Union.  He writes that both the U.S. and the European Union are facing a situation where two political … Continue reading

Posted in Business, Democracy, Law, Macro, Politics, Ruminations, Society, Sociology | Leave a comment