The political world is becoming more polarized by the day. In our previous episodes, we have looked at why this is occurring, and why it is likely to get worse before it gets better.
But that doesn’t mean we should give up. There are many things those of us who don’t want to give in to this polarization can do to better navigate this world and to find like minded people who also feel the same way.
Recent major media stories that feel to us like they’re part of a larger Narrative campaign.
The narrative archetype “Supply and Demand” tm is typically trotted out to describe a market move that no one has a better answer for. It’s not particularly useful for a directional trade, though, as it is inherently cyclical and mean-reverting.
Yes, this is a note about oil prices. But more importantly it’s a note about all the changes in correlation and transmission to FX that have happened over the past few years.
Invasive species are a known “bad thing”. An organism that’s introduced to an environment and ruins it. So why don’t we do anything about them? And is there even anything we can do?
Recent major media stories that feel to us like they’re part of a larger Narrative campaign.
It’s important to recognize that a Big Trade is a long campaign made up of dozens of narrative battles and skirmishes. We won the first battle – and that’s great! – but now it’s on to preparing for the next.
Polls show that the majority of Americans are not happy about the choice between Joe Biden and Donald Trump that we are likely to face in the next election. In this episode, we discuss how we got to this point. We look at the embedded problems in our political system that favor incumbents and how it has led us to where we are today. We also look at the political strategy used by incumbents and how they attempt to stave off upstart candidates by altering the system itself.
Recent major media stories that feel to us like they’re part of a larger Narrative campaign.
Why did the Fed slap down Mr. Market’s expectations of massive rate cuts in 2024?
Because the most important thing for the Fed is not to be right, but to be believed.