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Lessons from olde worlde finaunce

James Montier, the former SocGen analyst now allocating assets at hedge fund GMO, is prone to occasional outbursts of macroeconomic theorizing.He's entered the austerity debate with his latest paper,...

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Moody’s: Don’t Gamble on Gambling

Fresh out of the investment research side of Moody’s  – a report on the future of gambling in the US. When the title reads “Proceed With Caution,” you can guess that the prognosis is not good… From...

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Stock up on bread now— at least until it rains again

The most well-known wheat crisis to date is the 1972 “Great Grain Robbery,” in which the Soviet Union combated a catastrophic drought that depleted their wheat supply by buying all the available...

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