TRENDS & TAIL RISKS™

A bi-weekly publication dedicated to the principle that deeper and broader knowledge drives superior investment results

Lewis Johnson

Lewis Johnson
Co-Chief Investment Officer at Capital Wealth Advisors and author of Trends & Tail Risks.
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Real Money

POSTED ON October 31st - POSTED IN Gold, Relative Value of Gold (and Credit)

By Lewis Johnson - CHIEF CONCLUSION In the last four years, there has been an $9.1 trillion increase in negative yielding debt.  The total now is $12.8 trillion.  What broader impacts has this driven in our markets –[…]

QE4: Pavlov's Dog

POSTED ON October 17th - POSTED IN quantitative easing

By Lewis Johnson - CHIEF CONCLUSION Monetary policy is changing again! Both the U.S. Federal Reserve and the European Central Bank have taken up quantitative easing (QE) again after abandoning it in 2018. What will[…]

Next Season's Harvest

POSTED ON September 19th - POSTED IN yield curve, interest rates

By Lewis Johnson - CHIEF CONCLUSION The U.S. Federal Reserve met this week to consider its interest rate policies. The market seems to be increasingly pricing in that a too-slow Fed is falling further behind the curve,[…]

Driving by Looking at the Rear-View Mirror

POSTED ON September 5th - POSTED IN Risk, Thinking About the Future, yield curve

By Lewis Johnson - CHIEF CONCLUSION No thinking person who gets behind the wheel of a car would ever dream of navigating by looking in the rear-view mirror. Yet, it seems that is exactly how the U.S. Federal Reserve is[…]

Everybody Has a Plan 'Til They Get Punched in the Face

POSTED ON August 22nd - POSTED IN Bonds, Gold, Risk

By Lewis Johnson - CHIEF CONCLUSION Mike Tyson says that everybody has a plan until they get punched in the face. That’s when life gets real and many plans fail. Volatile markets just punched many investors in the[…]

Lewis Johnson
Co-Chief Investment Officer

Author of Trends & Tail Risks

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