CNBC Appearances

September 19, 2017

Keep Calm and Carry On

Hardly a day passes without at least one well-known Wall Street pundit or a famous investor proclaiming that a major correction, or even a crash, in the US equity market...

August 08, 2017

The Death of the Hedge Fund Industry

Hardly a day goes by that the financial press fails to report the poor absolute performance or the actual winding down of one or more hedge funds, usually managed by...

June 28, 2017

The Danger of a Faulty Premise

I confess that I am dumbfounded by all the emphasis placed on wage growth as a driver of higher inflation. Adherence to this wildly incorrect notion by many economists and...