UKRAINE FLIRTS WITH DEFAULT

Following the pattern we have identified in other countries in the region, Ukraine is once more getting itself into a deeper and deeper mess.  Part of the problem is political, part of it is economic, and part is a combination of the two.  Moreover, Ukraine has one of...

Update on demographics in the US

A recent article by the US Population Reference Bureau produces some great charts and information on demographics in the US. We are structurally bullish on the US economy largely because the economy’s demographics do not exhibit the same characteristics as other...