Posts Tagged ‘global debt’

Notes From Underground: It’s Hard to Believe

December 8, 2021

A Note From Notes

On December 7, 2009, NOTES FROM UNDERGROUND published its first post and we’ve shared a few thousand thoughts since then (all archived at WordPress and for those on CQG they available thanks to the great efforts of Stan Yabroff). In sifting through this treasure trove I am proud to say this has been an arduous but rewarding endeavor. The amount of work is great especially because so many of these musings have been time sensitive.

Then in the last five years, I’ve been fortunate enough to work with the Financial Repression Authority to elevate the discussion surrounding these thoughts with some of the greatest minds in the business — Felix Zulauf, Marc Faber, Jim Bianco, Peter Boockvar, Lacy Hunt, David Rosenberg, Louis Gave and so many others.

So as I scroll through the voluminous posts, podcasts and CNBC appearances, I’m in awe of how we’ve attempted to open up the world of financial markets to deep analytical exegesis of important investment ideas on a time scale from one hour to years depending upon the amount of leverage involved in the trade. As Louis Gave once said, “I am not paid to forecast for my clients but to adapt,” that sums up the endeavor of this blog. Over the past 12 years I have hoped to get my readers to adopt to the illogical exigencies of the geo-political world. The rationalists do not read NOTES FROM UNDERGROUND because they know where prices OUGHT to be.

But, where do we go from here? This is where you come in, dear readers. I’d be interested in understanding how you best consume this information. Maybe it’s a 15-minute daily chat with FRA’s Richard Bonugli and other guests. Either way, we’re going to try and monetize this wealth of information, and offer up my wisdom to large traders, sovereign wealth funds and family wealth offices and the like. It’s been so enriching interacting with many minds around the world. I am beyond grateful to experience, teach and, most importantly, learn from the likes of Dave Richards, Mike Temple, Big Man, Professor Waspi and many more.

In that vein, I am posting a podcast that was recorded about two weeks ago, a roundtable of sorts featuring Jim Bianco and Peter Boockvar. This may be one of the best ways to advance NOTES FROM UNDERGROUND.

Many Thanks,

Yra

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Notes From Underground: Shedding Some Light

October 17, 2021

It has been six weeks since there has been “wisdom” from NOTES as the Jewish Holy Days gave pause to refresh and recharge the cerebral engine. Let’s hope the time away has borne the fruit that I was seeking to consume. We are posting a podcast I recorded with Professor Barry Eichengreen, one of the best economic historians in the land. His work on the GOLD Standard and the Great Depression is worth a read. It was an honor and privilege to be able to sit in conversation with the Financial Repression Authority’s Richard Bonugli as moderator.

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Notes From Underground: The Sound Of Complacency Shattering

September 19, 2017

First, for all those in the Notes From Underground community who celebrate Rosh Hashanah, have a happy and healthy New Year. For those who don’t I also wish you a happy and healthy New Year. Thanks for your continued support and if I angered you with my thoughts I have to say it was not done to be hurtful but rather to provoke a high-quality discussion around issues in the realm of global-macro finance. When I listened to the Ray Dalio interview on CNBC today it was comforting to know that the mission of this BLOG is similar to what Dalio tries to accomplish with his employees. NOTES FROM UNDERGROUND is not about PERSONAL VALIDATION but about discourse in the crucible of financial ideas, striving to refine the GOLD from the DROSS. Let’s hope the SHOFAR BLAST shatters the complacency of our static thoughts in all matters of our lives.

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