INSIGHTS

We look at everything, so you don’t have to. We keep you updated on anything that we feel is important, provide insights on all that is relevant, and seek to educate on the things that matter.

Managing Wealth Effectively

Equities - Creating your Own Index

Citywire - How BLU is doing away with predictions

Alternative Investments Explained

Runaway Train

Why every good party must come to an end. It makes no sense. If prices are going up because of some exogenous sequence of events, then...

Christian Armbruester

Apr 11, 20222 min read

Run

Why markets may not break but the song remains the same. The last two years essentially never happened. That’s what most European equity...

Christian Armbruester

Mar 28, 20222 min read

Printing

Why nobody knows where it goes when it comes to quantitative easing. The study of economics basically comes down to supply and demand....

Christian Armbruester

Jun 28, 20212 min read

Lessons in Love

What are the big takeaways from a very strange year in the markets? It has been more than a year now that COVID-19 has taken over the...

Christian Armbruester

Apr 12, 20212 min read

Economics 101

Why simple economics makes everything so easy to understand. Economics is defined as the social science that studies how people interact...

Christian Armbruester

Mar 29, 20213 min read

Inflation and The Lithuanian Lion

Why good things come to those that wait. When looking at long dated government bonds, I am reminded of that most infamous soundbite from...

Christian Armbruester

Mar 8, 20212 min read

The Last Mushroom

Why the credit markets are akin to an over grilled vegetable. We were able to go out for dinner with the whole family the other week. The...

Christian Armbruester

Oct 12, 20202 min read

Free Money

Why central banks are doing what they must, and we should all be happy. The Federal Reserve gets a lot of criticism from seemingly...

Christian Armbruester

Aug 3, 20202 min read

Cash, Capital and Collateral

Why we must borrow when the giving is this good. It seems like a lifetime ago when we could put our money into the bank and earn 5%....

Christian Armbruester

Jun 29, 20202 min read

The Govvies Conundrum

Why it is time to move on from buying government bonds. The yield on long term government debt in the US (and many other countries) used...

Christian Armbruester

Jun 15, 20202 min read

Elephants, Germany and Money for Nothing

Why negative interest rates may be as bad as they seem. It’s the biggest elephant in the room ever, and it seems everyone has just...

Christian Armbruester

Feb 17, 20202 min read

Dumb and Dumber

More than $14 trillion of government bonds now have negative yields. That’s equivalent to one quarter of the entire global investment...

Christian Armbruester

Sep 9, 20192 min read

When Pigs Fly

We had a bit of wobble in the US stock market last week and it is worthwhile putting that into perspective. First of all, this has been...

Christian Armbruester

Oct 15, 20182 min read

Growth in US (and World) Consumer Credit

Thank you to Mr P for suggesting this week’s topic as we explore what is happening in consumer credit. To our avid readers, please do...

Christian Armbruester

Jul 2, 20182 min read

The Bond Liquidity Fallacy

The yield curve is a most amazing construct. It beautifully illustrates where risk is priced when it comes to credit. The longer you tie...

Christian Armbruester

Feb 19, 20182 min read

What Private Lending Can Do for Your Portfolio

The hunt for yield amid stubbornly low interest rates is arguably the most pressing problem facing High Net Worth Individuals today....

Christian Armbruester

Jan 16, 20184 min read

The Illiquidity Conundrum

In a world of low interest rates, the temptation is high to lock up your money for an extended period of time and get rewarded for giving...

Christian Armbruester

Nov 27, 20172 min read

Interest Rates Remain Near Zero – A Significant Problem for the Wealthy

It has been nine years since the financial crisis and interest rates in the developed world continue to be at record lows. For the...

Christian Armbruester

Sep 14, 20171 min read