Aug 12, 2020 | Monthly Commentaries
“My new normal is to continually get used to new normals.” Anonymous The natural progression in economics is for an ‘unprecedented’ crisis to be followed by a ‘new normal’. The old modes and models are discarded and replaced with ones that reflect the new post-crisis...Jul 13, 2020 | Monthly Commentaries
“If history repeats itself, and the unexpected always happens, how incapable must Man be of learning from experience” George Bernard Shaw We begin our commentary in the most unimaginative way possible, with a simple dictionary definition. unprecedented adjective never...Jun 9, 2020 | Monthly Commentaries
“Clowns to the left of me, jokers to the right, here I am, stuck in the middle with you” Stealers Wheel The ‘middle’ can conjure up negative images and connotations: mediocrity, compromise, the dreaded middle seat. It is neither here nor there and lacks...May 8, 2020 | Monthly Commentaries, Uncategorized
“There’ll be ups and downs, smiles and frowns.” Snoop Dogg Last month we noted that one of the greatest commodities right now is patience (apologies to the ‘gold bugs’). After all, the road to social and economic recovery could be long and jagged, and we...Apr 8, 2020 | Monthly Commentaries
“All we need is just a little patience.” Guns N’ Roses First and foremost, we hope that you and your family are safe, healthy, and coping well during these difficult times. One of the most frequently used words of this period is ‘unprecedented’. Accordingly, we...Mar 9, 2020 | Monthly Commentaries
“It’s a mess, ain’t it, Sheriff?” “If it ain’t, it’ll do till the mess gets here.” No Country for Old Men A big and often underappreciated part of any epidemic is fear. The basic emotion (Eckman, 1992a) that invokes extreme instinctual reactions that can...