Everyone reads the Fed minutes. Nobody reads the Bank of Japan policy statements. That is where the real action is. Japan is the canary in the coal mine for every fiat currency.
Central banks create the very crises they claim to be solving. Every intervention creates a bigger distortion.
Central banks have created the largest asset bubble in human history. When it pops the consequences will be generational.
Central banks are buying more gold than at any time in 50 years. They are telling you something. Listen.
Central banks have lost credibility. When the Fed says something you now have to ask whether they actually believe it.
Central banks are losing control of money creation to governments. That changes everything about asset allocation.
Central banks move markets more than earnings, more than GDP, more than anything else. Understand the central bank and you understand the trade.
Inflation isn't transitory when governments are printing money like it's a competition. That was obvious to anyone who'd read a history book.
Central banks move markets more than any CEO, any earnings report, or any geopolitical event. That’s where the alpha is.
If inflation does come down as quickly as central banks predict, it'll be because they get really lucky.