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Ireland’s Golden Moment, But What Comes Next?

Ireland’s Golden Moment, But What Comes Next?

This week’s Financial Times article on Ireland’s economic model struck a chord with us. It told a story we know well: a small nation punching far above its weight thanks to US multinationals, low corporate taxes, and a business-friendly ecosystem. Ireland transformed from post-crisis austerity to eye-watering surpluses. But as the FT soberly points out, […]
What Gold Reveals About the Federal Reserve and the Fragility of Modern Finance

What Gold Reveals About the Federal Reserve and the Fragility of Modern Finance

This week, the Federal Reserve held interest rates unchanged for a fifth consecutive meeting. While the markets anticipated the decision, they reacted sharply to the nuance (If it can be called that) in Jerome Powell’s post-meeting remarks. Two Federal Open Market Committee members, Michelle Bowman and Christopher Waller, broke from consensus and called for rate […]
Speculative Frenzy and Stagflation: The Flight to Gold

Speculative Frenzy and Stagflation: The Flight to Gold

If you believed the bond market was the only casualty of monetary excess, look at equity markets. The S&P 500 is flirting with record highs, yet the advance is precariously narrow. Valuations on megacap technology firms evoke memories of the dot‑com bubble, while underlying economic indicators flash amber. Margin debt, where money investors borrow against […]
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