Wednesday, 3 July 2024

By Greg Canavan Editor, Fat Tail Alliance, The Insider and Fat Tail Investment Advisory

[3 min read]

Dear Reader,

Your regular editor Callum Newman is away this week.

So I (Greg Canavan) am stepping in for the day.

As Editorial Director of Fat Tail Investment Research, I’m usually busy behind the scenes (and the paywall).

But today, I’ll give you a sneak peek of some of the investment ideas I’ve been talking to our paid members about.

You’ve no doubt heard of my ‘Decade of Decimation’ report, currently doing the rounds. It sounds dramatic, I know. But there is good reason for that.

There is a lot to be concerned about. This country seems to think that as long as house prices rise, all is good with the world.

But under the surface, trouble is brewing.

Inflation isn’t going away. With Federal and State governments trying to bribe their way to another term, spending is out of control. And it’s largely unproductive spending, meaning it creates more demand than supply.

And you know what that means from high school economics.

Throw in an energy system driven by ideology rather than rationality and energy security, and you have the ingredients for persistent 1970s-like inflationary pressures, which could have dire consequences for the Aussie market this year.

Let me explain…

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By Bill Bonner Editor, Fat Tail Daily

[3 min read]

Dear Reader,

‘Pity the nation whose people are sheep 

‘And whose shepherds mislead them   

‘Pity the nation whose leaders are liars   

‘Whose sages are silenced   

‘And whose bigots haunt the airwaves   

‘Pity the nation that raises not its voice   

‘Except to praise conquerors   

‘And acclaim the bully as hero   

‘And aims to rule the world  

‘By force and by torture...’   

Lawrence Ferlinghetti

On the steps of the old church, stood an old man, with an old flag...honouring the death of an old soldier. 

The deceased was also an old friend. 

The day was warm. But the inside of the stone church was cool. There were about one hundred mourners. Ignoring the alarming headlines, we took time out in the middle of a workday to say goodbye. 

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