For years, I’ve read macro newsletters which held views of deflationary forces.
These academically gifted people, majority of whom never practiced what they wrote, were convinced deflation would persist because Treasury bonds were rising (yields were falling).
These academically gifted people, majority of whom never practiced what they wrote, were convinced deflation would persist because Treasury bonds were rising (yields were falling).
Quick example.
We are fortune enough to be invested in real estate in 4 different jurisdictions, on 3 different continents.
Over the last few years, especially last few months, all I’ve seen is rise in prices.
Even this morning I received a letter from Czech electricity…
We are fortune enough to be invested in real estate in 4 different jurisdictions, on 3 different continents.
Over the last few years, especially last few months, all I’ve seen is rise in prices.
Even this morning I received a letter from Czech electricity…
…giant telling me they are permanently rising prices from today.
My local builders in various countries tell me the cost of materials is up by 20-30%, in some cases much more.
I run my Twitter as a investing journal of everything I’ve done and learned over the years, and…
My local builders in various countries tell me the cost of materials is up by 20-30%, in some cases much more.
I run my Twitter as a investing journal of everything I’ve done and learned over the years, and…
…I try to share my experiences with my readers.
My advice would be to stay away from these newsletter writers, investment analysts, and self proclaimed finance gurus.
Most have no clue about the real world, nor any skin in the game. Having a Bloomberg terminal & overlap one…
My advice would be to stay away from these newsletter writers, investment analysts, and self proclaimed finance gurus.
Most have no clue about the real world, nor any skin in the game. Having a Bloomberg terminal & overlap one…
…chart with another is just a fancy way of filling up pages of your monthly report, accompanied by famous quotes by philosophers.
Doesn’t do much else.
As for the bond market, it turns out it was artificially manipulated by the central banks with endless QE. Simple as that.
Doesn’t do much else.
As for the bond market, it turns out it was artificially manipulated by the central banks with endless QE. Simple as that.
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