Mar

7

Now, when every fool and his mother fruitlessly attempts to interpret what size the brief case means, this book is timely, very well written and highly recommended:

Limitless: The Federal Reserve Takes on a New Age of Crisis

Also, another interesting read, 180 years old, with lessons for the modern reader, Walter Bagehot’s seminal 1873 book, Lombard Street: A Description of the Money Market.

Kora Reddy suggests:

PDF download: Credit Suisse Global Investment Returns Yearbook 2023 Summary Edition

here is a two-line summary (as TAPAS [there are plenty of alternatives]), as opposed to the one-line summary i used to do: figure 50 is interesting "higher the inflation higher the interest rates thus higher the stock market returns." table 15, short rubber spot & long coal is the trade in the commodities.


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