Reader Questions?
I don't promise answers
For example, a reader asks my views on stock markets in less-developed countries (aka “emerging markets.” His own discussion of the question indicates that he has concerns about emerging markets. Instead, he has more confidence in U.S. stocks.
I don’t have an overall view, but I would point out that for the major U.S. tech stocks, foreign sales are a big factor in their current revenues and for future growth. So if your outlook for other countries is pessimistic, then maybe that should make you a bit less optimistic about the U.S. tech sector than you would be otherwise.
I will allow paid subscribers to use the comment section on this post to pose questions. In the future, I might do a post where I invite questions from any reader.
Has writing your series on human interdependence led you to any major updates to your political stances? Or to your model of promoting those stances effectively?
I know you have a different perspective about monetary policy, but what are the lags between implementation and impact and effect of changes in monetary policy. I have the sense that both US and Canadian central bankers are reacting to current news about inflation and unemployment and are not fully considering the "long and variable" lags in monetary policy. If they truly are reactive and not looking forward, the implication is that they have zero faith in their monetary and economic models. Is central bank policy really as myopic as it seems to be?