The Resurgence of Gold: Understanding Its Recent Price Increase
“Although gold and silver are not by nature money, money is by nature gold and silver.” ─ Karl Marx The author of The Communist Manifesto was not just a philosopher and political theorist; he was also an economist. In the 19th century, which is when Karl Marx was...
10 Predictions for 2024
“You can never predict how (the) market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.”─ Rakesh Jhunjhunwala We do not have a crystal ball to understand the future, and, if...
Treasury Yield Jitters
“I’m still trying to process why long-end interest rates are increasing.─ Austan Goolsbee, President of the Federal Reserve Bank of ChicagoSeptember 2023 The Bloomberg Aggregate Bond Index is the most well-known benchmark for the U.S. bond market. Over the past 20...