Renting is the new norm for millennials not buying homes. We take a look at the reasons why millennials and home ownership are not a done deal.
In Tsarist Russia, the Penal System for Peasants Described in Resurrection Was Deplorable — and Strikingly Similar to How We Still Treat People Today. No Spoilers. I will give three…
Macro Affairs is proud to announce the first Macro Moves Prediction Challenge! In the Macro Moves Prediction Challenge, you are asked to predict how financial markets will react to a…
The Macro Affairs Portfolio Invests Heavily in Emerging Markets. If you buy a regular, market-cap-weighted all-country index fund, then just 12% of your portfolio is invested in emerging markets. But…
Avocado Index Shows Millennials Hardest Hit In Inflation-Per-Generation Measure. Different generations have different spending patterns. For example, millennials are alleged eat more avocados than baby boomers. If avocados were to…
Insurance Activity Extends Far Beyond Traditional Insurance Companies. When you hear the word ‘insurance’, you may imagine something boring like car or fire insurance. But insurance is actually a much…
Only when the tide goes out do you discover who’s been swimming naked. – Warren Buffett In finance and investing, a ‘black swan’ is an unexpected event that has big…
Greek Debt is Only Getting Less Sustainable. In the decade before the financial crisis, Greece had seen a stable government debt at just over 100% of GDP. In 2006 and…