The Great Wealth Transfer Is Also a Great Risk Transfer

Published on October 5, 2026

Preservation is the north star.

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The Bond Market’s Balancing Act Is Perfectly Normal

October 5, 2026
Remember when near-zero interest rates squeezed retirees on fixed incomes and left pensions with huge shortfalls? I suspect they’re happy to see US interest rates returning to normal.

Oil Swings With Focus on Deep Saudi Price Cut and Yemen Fighting

October 5, 2026
Oil fluctuated in jittery trading, as Saudi Arabia cut prices of its benchmark grade to Asia, the kingdom’s state producer warned about the risk of low stockpiles and as fighting in Yemen intensified.