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, October 07, 2024

Important Insights from the Philippine PSEi 30’s Melt-Up!

Investors believe in Keynesianism. They believe that increased government spending will make us all richer. This illusion is what is d...

Sunday, October 06, 2024

Marcos-Nomics Stimulus Update: August Budget Deficit Narrows, Strong Peso Reduces Public Debt, and Amortization Payments Reach All-Time High!

Lowering rates is a tool to rescue the government, but it will also make the Treasury add more debt in the next few months. If you make it...

Monday, September 23, 2024

BSP Reduces Banks' Reserve Requirement Ratio (RRR), Fed's 50-bps Rate Cut Sends Philippine Yield Curve into Full Inversion!

The short end of the UST curve is highly influenced by the Federal Reserve’s monetary policies while the long end clarifies those policies...

Sunday, September 22, 2024

US Federal Reserve Powell’s 50 bps Rate Cut: A Case of Panic or Politics?

"Theorie des Geldes" did not become the playbook for policy makers. The 1920s were marked by the brave new era of the Federal ...

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