We are in the early stages of a bank run on the United States and the US dollar, and everyone on Wall Street is heading for the exits, including domestic investors who will exit not because they want to but because they know the Not-So-Golden Rule.
When you’re defending the indefensible, you have to create a symbol powerful enough to keep the masses in line.
“I voted for this” is one of the few capable of sustaining support for policy this extreme.
I think that no matter what happens in the US-China trade war, the professional investment and allocation world no longer trusts the global prime broker functions of the US government.
I know it feels like everyone in our world is talking about capital flight out of the US, and our gut reaction (or at least my gut reaction) is to fade that sort of professional, inside baseball Narrative consensus. But I think that reversion approach is a mistake here. Common Knowledge on the repatriation trade still hasn’t cracked.
Our technology shows two narratives — “Foreign Investors Repatriating Capital” and “Investors see Gold as Better Alternative to UST” — exploding in financial media density over the past eight weeks. We’re not far from a fundamental shift in market common knowledge regarding US home bias and USD bias, with potential tectonic shifts in longstanding asset correlations and allocation models. In this webinar we’ll discuss a model portfolio to respond to this profound shift in power, narrative and behavior.
Join Matt Zeigler on The Intentional Investor podcast as he interviews Daryl Fairweather, Chief Economist at Redfin and author of the new book “Hate the Game: Economic Cheat Codes for Life, Love, and Work.” In this engaging conversation, Daryl shares her journey from MIT to the University of Chicago, her experiences navigating corporate America, and how she applies economic principles to everyday life decisions. With her unique background spanning academia, tech, and real estate, Daryl offers fascinating insights on using economic frameworks to understand human behavior and make better decisions.
We live in a world awash with narrative.
It’s worth celebrating those rare moments where a man gets to thumb his nose at those narratives, point to the sky, and say “Scoreboard.”
Storyboards are an Epsilon Theory exclusive research product where we go beyond sentiment to explore the meaning of the stories being told about markets, events,…
Some want us to believe that the narratives that shape belief are universally promoted from the top down.
That hasn’t been true for a long time.
I am desperately opposed to crashing the Pax Americana car, Annie Hall style, because the America First system that this Administration wants as a replacement is not a stable system that is possible as a replacement.