ET Pro Geopolitical Conflict Monitor

Heeere Comes Lucky!

By Ben Hunt | September 15, 2013 | 0 Comments

“It is my understanding that the Constitution of the United States allows everybody the free choice between cheesecake and strudel.” – Sky Masterson (“Guys and…

It Was Barzini All Along

By Ben Hunt | September 8, 2013 | 0 Comments

“Tattaglia is a pimp. He never could have outfought Santino. But I didn’t know until this day that it was Barzini all along.” – Don Vito Corleone

Same with Emerging Market growth narratives. It was Developed Market monetary policy all along.

Read more

Shifting Narrative around Central Bank Omnipotence

By Ben Hunt | August 27, 2013 | 0 Comments

The strong Narrative around Central Bank Omnipotence, which solidified in late September 2012, is now clearly weakening in late August 2013. There are two strands…

The Narrative Shift around Emerging Markets

By Ben Hunt | August 21, 2013 | 0 Comments

The core Narrative around Emerging Markets is shifting away from growth and towards value. This is a profoundly disruptive development. epsilon-theory-the-narrative-shift-around-emerging-markets-august-21-2013.pdf (50KB)

Increased Instability in US Markets

By Ben Hunt | August 19, 2013 | 0 Comments

The Common Knowledge informational structure around the US market has weakened in recent weeks, making the risk/reward assessment of ALL exposures — long and short…

Schrödinger’s Portfolio

By Ben Hunt | August 3, 2013 | 0 Comments

“The world is given to me only once, not one existing and one perceived.” – Erwin Schrödinger “Quantum theory provides us with a striking illustration of…

The Framing of Macro Data

By Ben Hunt | July 31, 2013 | 0 Comments

A review of Narrative formation immediately after the July 31st release of Q2 US GDP data. epsilon-theory-the-framing-of-macro-data-july-31-2013.pdf (232Kb)

Rise of the Machines

By Ben Hunt | July 28, 2013 | 0 Comments

“Music, this complex and mysterious act, precise as algebra and vague as a dream, this art made out of mathematics and air, is simply the…

The Tao of Portfolio Management

By Ben Hunt | July 21, 2013 | 0 Comments

“Shape clay into a vessel; It is the space within that makes it useful. Cut doors and windows for a room; It is the holes…

The Market of Babel

By Ben Hunt | July 14, 2013 | 1 Comment

“But Achilles, weeping, quickly slipping away from his companions, sat on the shore of the gray salt sea, and looked out to the wine-dark sea.”…