Buy Now, Pay Later

“I’m gonna keep on the runI’m gonna have me some funIf it costs me my very last dimeIf I wind up broke, oh wellI’ll always remember that I had a swingin’ time”Elvis Presley, “Viva Las Vegas” Now more than ever, it’s uncontroversial to suggest that the world is...

Fixed income investing in 2021

Yesterday, I had the opportunity to speak on a panel discussion hosted by the Institute of Managed Account Professionals (IMAP) regarding what zero% interest rates mean for managed account investing, and how we should invest in defensive and income bearing assets...

More Debt Than Expected

Governments’ budget proposals are just that – proposals – meaning they are subject to amendments. In implementation, they can differ greatly from their original plan. They are based upon assumptions such as tax rates, unemployment figures, government revenue (tax...

Inflation and Debt

The price of goods, services and financial assets determine our ability to consume or invest in them. If prices increase and our income does not, then we need to reduce our ability to consume or invest. In terms of goods and services, an increase in prices without a...

I Want to Live in America

Automobile in America, Chromium steel in America, Wire-spoke wheel in America, Very big deal in America! Westside Story The continued slide of the VIX index in recent days has given US equity markets confidence in recent days after six days of weakness. The small VIX...