DRUNKENOMICS

Zombie McCarthy

Apr 27, 2023

It should be noted, that this is not an attempt to call Speaker McCarthy a zombie. However, we had to come up with somewhat of a title to combine the subject of a what a zombie company is along with the fact that the largest zombie company in the world might in fact be the U.S. government. Even then, the arbitrary debt...

Better you than me

Mar 16, 2023

I guess the cat got out of the bag and became the elephant in the room. As far as how that happened, Silicon Valley Bank had a balance sheet so ugly that the Motion Pictures Association would have to create a might need to create a new rating class for it. Like seriously, how can you have a portfolio duration that is...

The Grid is still locked

Nov 11, 2022

But really, what we mean by that is we've elected our way into a political gridlock; which can be a good thing, but can also be a detriment. Granted, election results are still technically up in the air, but it's pretty safe to assume (lol) that the senate is going to be split 50/50; aka gridlock. In these scenarios, the...

Nevermind the Bollocks

Oct 20, 2022

Greetings all, hope you had a better week than the UK. The battle between saving pensions vs. saving the Pound-Sterling lingers on as the Minister of Finance was sacked; and the new plan proposed: pretend the proposed plan a few weeks ago by Liz Truss never happened. Meanwhile, here in the States, the soft landing...

Fed Dove Hunting in Jackson Hole

Sep 1, 2022

The Fed chair has said the word 'pain' during a presser on Friday, leading to a sharp decline in equities. Strangely enough, the bond market had little to no reaction. Why? Because it's been the same narrative for months. Also, big news on the student loan front. Listen for a breakdown of some of the pros and cons of...