- September 30, 2021
It Was a Good Run
I think the long bull run in stocks has finally come to an end.
Read moreThe 10th Man Archive, September 2021
- September 23, 2021
The Path of Least Embarrassment
The Federal Reserve is a government institution. Sort of. Technically it is a private bank, and it makes or loses money, but its P&L is incidental to its mission.
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- September 16, 2021
Go Shopping
If you’ve spent any time in the grocery store recently, you’ve probably noticed some empty shelves.
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- September 9, 2021
Inflation Rips Society Apart
Longtime 10th Man readers know that I am philosophically, even morally opposed to inflation. I began writing about inflation long before there was any, because it is absolutely the worst thing that can happen to a nation.
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- September 2, 2021
Take Your Medicine
I will be the first to admit—bonds are not attractive right now. 1.3% on tens. Negative real yields on junk bonds. Inflation ramping. Massive amounts of supply. It’s all bad.
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