Lightcone Journal

Rahul Malhotra
Market Insights
Created 27 Feb 2021
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  • The Longest Week
    26 Aug 2021 • 9 min read • 4 0
    As the headlines have it, the US is scrambling to evacuate its citizens and Afghan allies before Aug 31st. This deadline was self-imposed by President Biden but has now become a Taliban red-line with ...
  • What Xi Wants
    04 Aug 2021 • 13 min read • 8 0
    Many dimensions of China: Envision windmills in Shanxi | President Xi at the CCP’s 100th anniversary | “Jiuzhang” quantum computer challenges Google’s Sycamore processor | Tursunay Ziawudun relates he...
  • Groceries with Warren
    20 Jul 2021 • 2 min read • 2 0
    Previously I wrote that I didn’t agree with prevailing Wall Street views that saw the Delta-variant threat as insignificant. For a while it did seem markets were in agreement with said analysts - the ...
  • Delta
    08 Jul 2021 • 4 min read • 4 0
    Well, this was always the wild card and now it is here. Despite the availability of vaccine resources, enough Americans have refused shots and a new highly infectious variant has swiftly gained ground...
  • Catastrophic default and other stories
    30 Jun 2021 • 4 min read • 3 0
    It is that time of the year and we are heading for another episode of the debt ceiling drama. Secretary Yellen used the words “catastrophic default” recently while referring to her estimate that the t...
  • The Fed brings a new twist
    23 Jun 2021 • 6 min read • 7 0
    It is fair to say that last week’s FOMC meeting has been stressful for market watchers. This is not only because the Fed, ever so slightly, raised a warning finger against inflation, but also due to s...
  • Gold and Silver
    15 Jun 2021 • 4 min read • 7 0
    There is now more evidence in favor of stagflationary pressures. This morning we received retail sales data for May that declined by 1.3% vs April. Even if one excludes the auto sales sector (given th...
  • Inflation numbers are in
    10 Jun 2021 • 1 min read • 2 0
    The CPI inflation numbers for May are in and they beat expectations, as per my previous article. My take had been that the April (month-over-month) print of 9% (all numbers annualized) could have been...
  • Larry vs Janet
    08 Jun 2021 • 5 min read • 5 0
    Janet Yellen chimed in over the weekend that an inflation overshoot will be good, though she didn’t elaborate on exactly why that is. The Fed and the markets seem to agree with her. As we approach thi...
  • Congress awaits UFOs
    02 Jun 2021 • 7 min read • 8 4
    This summer, the Pentagon is required by law to disclose a full report on its UFO investigations. There was some speculation that the report would be released yesterday, but the news wires don’t have ...