TRENDS & TAIL RISKS™

A monthly publication dedicated to the principle that deeper and broader knowledge drives superior investment results

Junk Bond Turmoil: The Age of Consequences

POSTED ON December 16th - POSTED IN Bonds, Credit

By Lewis Johnson - One of the most important achievements of highly successful investors is to identify and understand - early on – a trend that becomes a dominant investment theme. Many professionals will spend their[…]

Bond Market: Turning Japanese?

POSTED ON December 2nd - POSTED IN Bonds, Credit

By Lewis Johnson - The financial world is a confusing place. Those of us with significant experience that pre-dates the Global Financial Crisis of 2007 - 2009 can easily see how much more complex the world is now than[…]

Interplay of Cycles: Inventory Restocking vs. Long-Term Debt Cycle

POSTED ON November 18th - POSTED IN Cycles

By Lewis Johnson - The economy is composed of many different cycles, each operating with varying degrees of influence at any given point in time. This may sound confusing but it’s really no more complex than our[…]

Interest Rates: The Market Leads and the Fed Follows

POSTED ON November 4th - POSTED IN Credit

By Lewis Johnson - The Wizard of Oz is one of the most popular and famous movies of all time. Almost 80 years ago, its quotes and idioms entered the lexicon of the English language and cinematic history. Its high[…]

Have We Seen the Peak?

POSTED ON October 21st - POSTED IN Gold, Cycles, Thinking About the Future

By Lewis Johnson - Many of us grew up enjoying the cartoon Peanuts and its Charlie Brown Specials on TV. Charlie was the brainchild of Charles Schulz, who is now widely considered to be one of the most influential[…]

Lewis Johnson
Chief Investment Officer

Author of Trends & Tail Risks

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