Hello. I’m Burnham Banks and I studied economics in the late 80s and early 90s. I’m still studying economics today and am still no wiser. This blog is a journal, a record of my thoughts and experiences. If we are destined to repeat our mistakes, we should at least repeat them faithfully. If not, then perhaps the past is a mischievous guide and we should try something new.
Thursday, 29 March 2018 | 10:51 am
Humphrey: This fake news has to stop and we are going to be the ones who have to stop it. As it is information or possibly misinformation has proliferated around the internet while our reliance and faith in Google or Wikipedia has grown to dependence. It’s a dangerous state of affairs when people trust wholeheartedly
One Minute Into The Future: When The Market Turns, Everything Takes A Loss. Well, almost everything.
Thursday, 29 March 2018 | 9:55 am
Equities and expensive and credit spreads are tight. Some investors may be able to eke out further returns, even safely, if they are familiar with certain markets such as the ABS and leveraged finance markets. Eventually, given the weight of capital chasing returns, even these pockets of value get crowded. In the long only world,
Friday, 16 March 2018 | 9:00 am
Friday, 16 March 2018 | 8:34 am
This article was originally posted Sep 7, 2017. It is updated for new trade data Feb 2018. The Trade War continues. Since 2011, the Obama administration has been actively pursuing a program of reshoring. http://agmetalminer.com/2015/01/22/obamas-manufacturing-centric-state-of-the-union-youll-never-hear/ Donald Trump’s agenda only seeks to bolster or exacerbate an existing trend. As global growth slows, every country seeks
Monday, 12 February 2018 | 9:28 am
Fundamentals give us the courage to place our bets. Gains give us the hubris to up the ante. Greed blinds us when fundamentals deteriorate. Denial paralyzes us when gains are lost. Fear grips us as losses mount. In despair we sell the good with the bad. And turn our backs when the storm passes.