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March 7, 2026

Author: Burnham Banks

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.
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Speciation and Extinction. Human Influence on Biodiversity.

Tuesday, 18 June 2019 | 9:37 am by Burnham Banks
The history of our planet is replete with extinctions. As our planet’s environment and conditions evolve, and as the various species which live upon it evolve, speciation and extinctions occur. At the point of writing there are an estimated 8.7 million different types of life forms of which animals number between 1 to 2 million
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2019 The Markets So Far and What Next.

Thursday, 25 April 2019 | 7:37 am by Burnham Banks
Following a pretty bad final quarter in 2018, markets had a good first quarter 2019. The reasons for the rebound included a) the fact that markets overreacted in 2018 to growth fears and the US Fed sending too hawkish a signal, and  b) the US Fed retracting its hawkish message and aligning with the Chinese
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Volatility: Long Term Investors Can Skip This Post. Central Banks Vs Slowdown.

Saturday, 23 March 2019 | 7:35 am by Burnham Banks
It is clear that the global economy is slowing, most acutely in Europe, but also in China and even in the US. This much is quite obvious from slower moving economic data. Yet for the first quarter, risk assets from equities to high yield credit have done well. This has mostly if not entirely been
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What Flavour of Capitalism Is This?

Tuesday, 19 February 2019 | 1:23 pm by Burnham Banks
Capitalism and democracy are fundamentally bound. So it is with some trepidation that we witness the evolution of capitalism post the financial crisis of 2008. Without Communism as a nemesis and a guide it was also a risk that capitalism would make unexpected detours. The reaction to the crisis and its pragmatic prescriptions were done
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What exactly are Alternative Investments?

Monday, 18 February 2019 | 3:12 pm by Burnham Banks
What is an alternative investment? With growing popularity among investors, the question of what exactly constitutes and alternative investment is becoming more important. In investment circles the definition of what exactly constitutes an alternative investment is pretty wide and vague. Since we use the name alternative investment, the logical question is, alternative to what? What
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Ten Seconds Into The Future

“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.”

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