William CombsJul 18, 20229 min readLetter to Investors: The Allegory of the Cave and Shadows on the WallThe shadows on the wall may not be an accurate representation of the reality of global monetary and fiscal policy. Dear colleagues,...
William CombsApr 15, 20225 min readLetter to Investors: The Double-Edged Sword of Interest RatesThe Federal Reserve and Federal government have told us we have a strong economy – the Fed’s commitment to raise interest rates and to...
William CombsFeb 10, 20229 min readLetter to Investors: Inflation is a Monetary PhenomenaDear Colleagues, Clients and Friends, What a year it has been. There is a lot to talk about, consider, and take action on as the gears of...
Third-PartySep 8, 20212 min readKing Dollar's Decline Ripples Across the Globe(Reuters) - An accelerating decline in the U.S. dollar is reverberating around the world, adding fuel to a global momentum rally that has...
Third-PartySep 8, 20212 min readThe Great Inflation DebateThe S&P 500 declined 4.0% from May 10 to May 12, the largest three-day selloff in five months. The Nasdaq composite declined 5.2% and the...
Third-PartyOct 25, 20201 min readBond Defaults Deliver 99% Losses in New Era of U.S. BankruptciesMarket prices, derivative auctions imply debt may be worthless High borrowings, weak protections leading to low recoveries
Third-PartyJul 17, 20201 min readSecurities Based Line of CreditLeverage the Value of your brokerage account through securities-based lending.