The recent whirring revolving door and management ructions at Open AI (OAI) resulted from poorly constituted governance in a confused organisation with an impossible humanitarian mandate. The principal issue at…
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The widely expected decision for the Federal Reserve and the Bank of England to pause rate hiking for a second successive month was the reported reason for the welcome rally…
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The world sometimes seems overwhelmingly troubled and pessimistic. We have all read recent accounts of atrocity and impending apocalypse. So, let’s try to peer through the gathering clouds of high…
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The S&P 500 is approaching a 10% draw down from its recent high as financial conditions are squeezed by tighter monetary policy, plunging monetary aggregates, and a resurgent dollar. As…
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While measures of inflation have fallen, they remain above target levels, and the recent sharp oil price increase is a concern. Memories are short but recall that this inflationary cycle…
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