A Pundit’s Paradise – Anyone Can Play
We have a full economic calendar. Only the FOMC decision will get major market attention. Initial jobless claims provide a post-virus look at the job market. Housing data remains interesting. Despite this, the media focus will remain on the coronavirus crisis.
Nobody Knows II
Many questions – and few answers – surround the coronavirus epidemic and its implications for financial markets. Read Howard Marks’s latest memo, in which he shares his own questions, guesses, observations and inferences to help make sense of the potential impact of the virus on global economies and markets.
The Problem Is the Bubble, Not the Pin
With the markets shell shocked by of the worst weeks on record, analysts are split on whether investors are simply overreacting to the coronavirus epidemic or if we are confronting an actual existential threat to the global economy.
On Climate and Conscience: An Essay and Pamphlet
On how the investment industry commercialized “socially responsible investing,”
On how financial marketers built a mythology around the analytical tool ‘ESG,’
On how the United Nations abetted the sale of private profit as public good,
And why these triumphs of free enterprise obstruct progress on climate change.