prudent investor newsletters

The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Monday, August 12, 2024

The Philippines' July 4.4% CPI: Stagflation Remains a Primary Political, Economic, and Financial Risk

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Doom-loops don't occur in isolation: they interact with each other, reinforcing each other. Attempts to suppress one doom-loop by paperi...
Sunday, August 11, 2024

Philippines' Q2 GDP Growth of 6.3%: Unpacking the "Marcos-nomics" Stimulus, June 2024 Philippine Employment Rates—A Statistical Pump

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  Measurement problems abound. The housing component, frequently constituting a quarter of inflation indices, often uses the owners’ equival...
Sunday, August 04, 2024

PSEi 30: Has BBM’s SONA Cycle Climaxed? Rising Contagion Risks from the Unwinding of the Yen-Yuan Carry Trade

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Bulls of 1929 like their 1990s counterparts had their eyes glued on improving profits and stock valuations. Not a thought was given to the f...
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