Politics are emotional. Some of us wish it were more rational and subject to an almost scientific rigour when it comes to assessments and criticism. We have a tendency to respond better to a great nar...
My wife is a health coach so you won’t be that surprised to know that I “try” to watch what I eat. Consuming healthy products involves education and taking the time to actually know what you’re ingest...
“The point is that you can’t have it all: A country must pick two out of three. It can fix its exchange rate without emasculating its central bank, but only by maintaining controls on capital flows (l...
“Everyone has a plan ‘till they get punched in the mouth.” - Mike Tyson
I’m back from what was an excellent conference in Philadelphia, the home of Rocky. Like Rocky’s epic battles and fights, the CF...
Following the recent release of weaker than expected economic data, Anchor has revised our final 2016 Bermuda gross domestic product forecast from 1.8 per cent to 0.8 per cent and our estimated 2017 f...
Global equities
Global equities have continued to move higher as corporate earnings’ strength is offsetting some softening in economic data. Since the surprise victory of Donald Trump, the MSCI Index ...
Last week Janet hiked. Yawn. This was much telegraphed and not much of shock. In fact, the aggregate change in the forward indicator on rate raises (the dot plot) barely moved and it still appears tha...
The Berkshire Hathaway’s annual shareholder letter has always been a special event for this writer as I continue to be a devout follower of Warren Buffett.
Warren is not shy to admit his mistakes, of...
I read virtually everything Howard Marks writes. In fact, if I see one of his articles, memos or interviews I stop virtually everything I’m doing and dive straight in. I’m starting this year’s “surpri...
“The bottom line remains: forecasts and predictions are exercises in marketing. Outrageous and wrong forecasts are typically forgotten, and when one randomly happens to come true, the guru is lauded a...
