Published inVodia Capital·Dec 23, 2020Cryptocurrencies and Gold — the Psychology of Post-Apocalyptic AssetOn top of all the insanity of 2020, Bitcoin went from a low of $3,915 in March to a new high of $24,300 this week. Much of this rise in the price of bitcoin has been driven by speculation that cryptocurrencies are poised to supplement gold as the quintessential countercyclical…Cryptocurrency3 min readCryptocurrency3 min read
Published inVodia Capital·Nov 2, 2020Moving Forward, TogetherRegardless of who wins the upcoming election, the U.S. cannot afford another four years of political dysfunction. This last round of stimulus talks is just the latest demonstration of how bipartisanship is hurting us. …Elections7 min readElections7 min read
Published inVodia Capital·Jul 1, 2020Member-onlyInflation, Central Bank Independence, and a New Monetary EraSince the beginning of the year, the Federal Reserve has poured over $2.9 trillion worth of freshly minted dollars (mostly using the 0’s and 1’s of a computer) into the U.S. economy. …Economics12 min readEconomics12 min read
Published inVodia Capital·Feb 20, 2020U.S. Government Spending: Champagne Taste (On a Beer Budget)The U.S. government debt is on the minds of many, including President Trump’s, who recently released a proposed budget for the federal government. …Fiscal Policy8 min readFiscal Policy8 min read
Published inVodia Capital·Dec 27, 2019Is Beyond Meat Really the Future of Protein?Beyond Meat’s IPO this past May was the most successful public offering in nearly two decades. Since, the company that brands itself as the ‘Future of Protein’ grew its revenue by 142%. …Environment5 min readEnvironment5 min read
Published inVodia Capital·Nov 5, 2019Member-onlyYour Political Opinions are Costing you MoneyThe question ‘how is the U.S. economy doing?’ is an objective and non-partisan one, right? Wrong. A recent study by Pew Research suggests that how we view the economy is deeply connected to our political opinion and is often unrelated to how the economy is actually doing. As the chart…Politics3 min readPolitics3 min read
Published inVodia Capital·Sep 21, 2019Member-onlyLife in a Low Interest Rate EnvironmentWith Wednesday’s Fed rate cut and the European Central Bank’s massive stimulus package, low interest rates seem to be here to stay. For the millennial generation that entered adult life around the Great Recession, low interest rates appear to be the norm, but this is hardly the case. …Macroeconomics5 min readMacroeconomics5 min read
Published inVodia Capital·Jun 7, 2019Member-onlyA New Tool for Bullying the Fed — Trade WarsOriginally published on June 7, 2019 at https://www.vodiacapital.com. Federal Reserve Chairman Jerome Powell announced on Tuesday that in face of the trade uncertainty, the Federal Reserve would “act as appropriate to sustain the expansion”. Investors interpreted this as an indication that a rate cut by the end of the summer…Macroeconomics3 min readMacroeconomics3 min read
Published inVodia Capital·Apr 25, 2019Member-onlyThe Corporate Tax MythThe only part of the 2018 tax cuts that made sense to me was the reduction in the corporate tax rates. At the time, I believed that in an increasingly interconnected and highly mobile world, the impact of taxes on businesses, and especially on their investment decisions, should not be…Taxes4 min readTaxes4 min read
Published inVodia Capital·Jan 30, 2019Navigating Financial Decisions and AgingTalking about money is hard. Talking about aging is even harder. Mix the two, and things get really messy. But, while medical practices continue to improve, physical and mental deterioration, and death, remain inevitable. …Aging5 min readAging5 min read