Well written Hugh. Lost touch with you these last couple years, you've been on a journey. This hearkens back to when I first started reading your musings (you were still managing and dressing like one of the Beatles circa 1964 -was a good look). Hope to see a lot more and hope life is good for you.
aha that's plenty of nice things you said, merci beaucoup. I made another barefoot beach video last night. watching the out-takes today and you might be onto something with the beatles, hopefully you'll see something at the start of next week
Can’t wait to hear the part about Duration is Destiny, hopefully a scary bedtime story about the second coming of Steepening Bear :) rather than all the kings horses and all the kings men put Humpty Bernanke back together again.
Ahh Tom, the bunker, those were the blinkin days but no I'm on fire right now, trump has unleashed or validated or recognized or I don't goddamn know something strong inside me and its all gushing out...
Terrific breakdown Hugh! I have felt like we were heading towards a completely new regime for a while now but wasn't sure if it was just my own paranoia. I can't wait to hear more of your thoughts on this and especially what assets look most promising to navigate these treacherous waters.
Some Girls — The Stones.
B of B is my all time favourite song on my all time favourite album. Love this.
Long live Acid Capitalism.
Just damn! Bravo, Mr. Hendry! TAC is making substantially more sense than the average sense maker.
Well written Hugh. Lost touch with you these last couple years, you've been on a journey. This hearkens back to when I first started reading your musings (you were still managing and dressing like one of the Beatles circa 1964 -was a good look). Hope to see a lot more and hope life is good for you.
aha that's plenty of nice things you said, merci beaucoup. I made another barefoot beach video last night. watching the out-takes today and you might be onto something with the beatles, hopefully you'll see something at the start of next week
Can’t wait to hear the part about Duration is Destiny, hopefully a scary bedtime story about the second coming of Steepening Bear :) rather than all the kings horses and all the kings men put Humpty Bernanke back together again.
Hey Hugh, this post can be shared?
sure
I'll share it with the Stray Reflections community, with love, mon amis.
Great writing style
let's hope I can piece together the longer version which is presently driving me mad
Vintage Acid Capitalism-Did you write this in the bunker?
Ahh Tom, the bunker, those were the blinkin days but no I'm on fire right now, trump has unleashed or validated or recognized or I don't goddamn know something strong inside me and its all gushing out...
Terrific breakdown Hugh! I have felt like we were heading towards a completely new regime for a while now but wasn't sure if it was just my own paranoia. I can't wait to hear more of your thoughts on this and especially what assets look most promising to navigate these treacherous waters.
This is heavy Doc... This article made me learn what duration and convexity meant. Great writing Hugh, thanks.
You captured something most miss — the real cost of “privilege” isn’t power, it’s obligation.
Feels like we’re watching the dollar shift from lubricant to leverage point, and nobody’s ready for the recalibration.
"Advantage is no longer found in labor’s cost, but in machinery, proximity, and command."
A brave new world.
Maybe ,the tariffs are a tax on the global rentiers privilege.
exactly, you're getting it! I'm presently narrating 'from QE2 to tariffs, the American empire strikes back"
Great lyrical post. As I read it, I had Metric’s Speed The Collapse bouncing around in my mind. The lyrics seemed appropriate:
Pushed away, I'm pulled toward
A comedown of revolving doors
Every warning we ignored
Drifting in from distant shores
The wind presents a change of course
A second reckoning of sorts
We were wasted waiting for
A comedown of revolving doors
Great piece Hugh, listeners are glad you played it in an Open Tuning