Episodes

Wednesday Jul 29, 2020
COVID Research: Charts of the Week
Wednesday Jul 29, 2020
Wednesday Jul 29, 2020
US infection plateau; Liz Cheney; Hong Kong’s reaction to a mini second wave; Phase I Oxford vaccine antibody response; US spending and hospitalization trends; an update on infections in US hotspots and Latin America; Government march-in rights and herd immunity.

Tuesday Jul 07, 2020
Blinded by Science: the US recovery, virus surge and scientific trust gap
Tuesday Jul 07, 2020
Tuesday Jul 07, 2020
US recovery marches on; why deaths are diverging from sharply rising infections; the American scientific trust gap vs the rest of the world; energy paper client Q&A.

Sunday Jun 28, 2020
Stargazing: Tenth Annual Eye on the Market Energy Paper
Sunday Jun 28, 2020
Sunday Jun 28, 2020
While COVID temporarily reduced global CO2 emissions to 2006 levels, a faster and broader renewable energy transition will be needed to result in more permanent reductions. This year’s topics include decarbonization of steel; the amount of energy storage, reforestation and carbon sequestration required to make an impact; and the financial, political and environmental risks to US energy independence.

Monday May 25, 2020

Monday May 11, 2020
Ready or Not: The US prepares to reopen
Monday May 11, 2020
Monday May 11, 2020
An update on the COVID-19 crisis as the US prepares to reopen despite having one of the highest infection rates in the world. Additional topics: monoclonal antibodies and anti-viral trials; the growing gap between markets and the economy; S&P 500 earnings haves and have-nots; regional equity performance (Europe loses again) and leveraged loans at a time of rising bankruptcies.

Friday Apr 17, 2020
Covid-19 Update
Friday Apr 17, 2020
Friday Apr 17, 2020
Michael discusses updates on the Covid19 crisis, including the potential path of decline in US infection rates, the impact of the new fed facilities, the difference between virus and serology testing, and the new vaccine efforts underway.

Sunday Mar 29, 2020
Man vs Nature
Sunday Mar 29, 2020
Sunday Mar 29, 2020
Michael discusses what the government can and can not fix during a pandemic. In particular, he walks through US high frequency manufacturing and consumer data, the Fed measures, the studies on Chloroquine, and infection outbreak prediction models.

Monday Mar 23, 2020
COVID-19 update: infection rates, medical research and equity markets
Monday Mar 23, 2020
Monday Mar 23, 2020
Michael discusses the coronavirus latest infection rates by country and latitude, anti-viral and vaccine efforts, and what equity markets are pricing in.

Thursday Mar 05, 2020
Berning Man
Thursday Mar 05, 2020
Thursday Mar 05, 2020
An update on the Democratic Primary. Confounding almost every forecast we saw last week, Senator Biden appears to have emerged from Super Tuesday with a sizeable delegate lead. Why might the night have turned out so differently from what was expected just a few days ago? This week's note includes some charts and exhibits to think about.

Wednesday Feb 05, 2020
Millions and Trillions
Wednesday Feb 05, 2020
Wednesday Feb 05, 2020
Answers to questions on the coronavirus, US megacap stocks, the cost of Democratic Healthcare plans, the Iowa caucus and the problem with the student loan system.