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July 9, 2009

The lunch may be free, but how much is it worth?

This is Mark Dow. Brad is still away. Diversification is the only free lunch in investing. But the way many investment managers sing its praises, one can’t help but wonder if its value is overstated…

Brazilian Real vs Turkish Lira, over the past year

August 3, 2009

Turning on a Paradigm

This post is by Mark Dow Very few things rouse the rabble as much as an ideological debate. And over the past year it has been looking like we are having the beginnings of a nasty one in economics …

July 15, 2009

Nothing brings out buyers like higher prices, and other short stories

This post is by Mark Dow DXY, a dollar index, looks like it has started to break down. At my firm, Pharo, we have been whispering on the trading desk over the last two days that this was looking inc…

DXY, last 12 months

December 13, 2019

China
U.S. Defense Priorities and Policies: A Conversation With Secretary Mark T. Esper

Secretary Esper discusses U.S. relations with China and Russia, implementation of the National Defense Strategy, and modernization of the U.S. military.

Play Esper

June 25, 2024

Iran
Does Iran’s Presidential Election Matter?

The contest to replace Ebrahim Raisi, killed in a helicopter crash last month, is dominated by conservatives who have provided few signals of any major course change in the country’s regional and sec…

Iran’s six 2024 presidential candidates participate in an election debate at a television studio in Tehran.

June 24, 2024

Diplomacy and International Institutions
What Does the G7 Do?

The Group of Seven (G7) has been a forum to coordinate global policy for fifty years, but experts are increasingly questioning the group’s relevance.

The seven leaders of the G7 countries stand on a stage emblazoned with G7 insignia.

June 27, 2024

United Kingdom
UK Elections: What to Know

The United Kingdom appears poised for a political shift in response to deep economic concerns, but its foreign policy priorities are likely to remain consistent.