Musings on Markets

     I will start with a couple of confessions. The first is that I see the world in shades of gray, and in a world where more and more peop...

In my ninth (and last) data post for 2025, I look at cash returned by businesses across the world, looking at both the magnitude and the for...

    There is a reason that every religion inveighs against borrowing money, driven by a history of people and businesses, borrowing too much...