The Age of De-Leveraging

The following presentation comes to us from Seeking Delta reader Jason Leach. Jason is Director of Research and Portfolio Manager at Craven Brothers Wealth Advisors in Dallas, TX. He is also a CFA Charterholder. The presentation is a fabulous info-graphic on how we arrived at our current economic situation, where the economy stands today and where we [...]

Weekend Reading

Quote of the Week: As commercials for Fram oil filters used to say, “You can pay me now or pay me later.” In our case today, “pay me later” is a perpetuation of weak banks, substandard growth, persistent unemployment and stymied productivity. Better to do takeunders of banks now than to hire an undertaker for [...]

The Canadian Century

Last week, in A Supply-Siders Investment Thesis, I mentioned Dr. Canto thinks the US should pursue a similar fiscal strategy as that of Canada in the mid-nineties. More on that topic from David Hay of Evergreen Capital Management, via John Mauldin. After reading The Canadian Century: Moving Out of America’s Shadow David makes the following points: Canada was [...]

A Supply-Siders Investment Thesis

“If you put the federal government in charge of the Sahara Desert, in 5 years there would be a shortage of sand.” ~Milton Friedman Last week, I had the opportunity to attend a presentation titled “Around the World in 90 Days” by Dr. Victor Canto. Dr. Canto is the founder of LaJolla Economics and earned [...]

Is the current trajectory of Public Debt reversible?

In John Mauldin’s latest letter he takes a look at recent research from the Bank of International Settlements. The paper titled, “The future of public debt: prospects and implications”, covers the remarkable increase in public debt among industrial nations since the beginning of the latest financial crisis and its implications for the future. The entire [...]