Thank you for visiting the homepage of this five-part series on the individuals and ideas shaping my worldview.
I have gained a lot of knowledge from these truly great minds, and the purpose of this series is to share what I have learned with you, my readers.
I’m confident that the writings that follow will help you better understand the trends shaping the future of financial markets, and our economy.
Welcome to the first installment of this five-part series on the individuals and ideas informing my worldview as of late.
Those rates created an insurmountable hurdle for most entrepreneurs, and banks were not willing to lend like they are today.
In the 36 years since then, the cost of money has fallen sharply—and demand for it has skyrocketed.
Although Jeffrey manages one of the world’s largest bond funds, he is an independent thinker who has courage and conviction in his beliefs—maybe because he comes out of left field.
Jeffrey holds degrees in mathematics and philosophy from Dartmouth College and was once the lead for a new-wave rock band, back when Paul Volcker had me paying 18% interest on that loan.
As you know, US Treasury yields are the bellwether for global interest rates.
Almost every market and asset class in the world is affected by them.