Revisiting Muddle Through

Published on September 8, 2026

My goal with this letter will be to not interrupt your long weekend too much. But there are some things that are happening that are important. My basic thesis for quite some time has been that we are in a Muddle Through Economy, which I’ve always meant that to me the GDP will grow slightly south of 2% over time.

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How a K-Shaped Economy Affects Opportunities in Asset Based Finance

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Let’s Talk China, but Don’t Be Fooled by Its Propaganda Machine

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