What’s the fuss with macro? I am certainly not an advocate of market timing and I agree with the notion that trying to profit from timing market peaks and bottoms is a fool’s errand. As Buffett says Macro is important but unknowable so focus on the knowable i.e. focus on company fundamentals for the businesses […]
QE
QE in perpetuity?
Could it be Japan all over again? Or Europe? Japan and the BoJ have been at it for nearly three decades and yet the economy and the deflationary forces at work (debt, demographics, globalization and technology inflections) haven’t budged at all. More recently we have seen the same thing in Europe where the ECB has […]