What I Might Have Gotten Wrong…

Liquidity and solvency are different things... and let's dig into the week ahead.

Dear Fellow Expat:

Fun fact…

If the doorbell rings at my house, my dogs bark and go insane.

When there’s a television commercial in which a doorbell rings (and makes the sound), my dogs bark and go insane.

And when there’s a doorbell on my daughter’s new favorite television show…

You get the point.

Things are a little crazy around here.

We’re heading into shutdown mode here in Maryland with a foot of snow on the way.

My daughter has been doing a magic show that neither my wife nor I have watched for 15 minutes. My wife occasionally screams out “Amazing” while reading her Kindle.

Then, my daughter spoils the trick by revealing how the Magic Kit works.

This could be a long few days at home…

Better check out mentally and consider what’s happening in the markets this week.

But first…

What Drives Crisis?

Yesterday, I might have made an error in my analysis.

Me?

The guy who seems to have his hand in everything?

Well… call it an omission error.

I stated that LIQUIDITY is the biggest issue in every crisis.

Bu…