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Recently, one of my macro-trader friends (arguably extremely bright) made a very interesting point about Joe Biden. We were debating on why the new U.S. president was about to deescalate geopolitical tensions, and we agreed that, as he was keen to get re-elected at the end of his current term…

Yesterday, I randomly stumbled across the following Adam Smith worshiper Tweet:

Like most clever looking things in economics, this is a clever lie. Not a lie that has anything to do with economics or mathematics or fancy formulas. It’s a political lie.

To understand the problem we have to…

If you have followed the stream of climate change science and have some notions of statistics, there is a chance that you noticed something astonishing in the distribution of rising global temperatures. Extreme temperatures (especially the hotter ones) are becoming more and more common. Patterns are breaking down. …


Trader on emerging FX (Asia) markets in London for 15+ years. Centres of interest: markets, macro-economics, physics, probabilities, philosophy.

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