Andre Ratkai, CFA is the President and Chief Financial Officer of Praxis Advisory Group, Inc.
Investors of all stripes are trying to handicap the outcome of the US presidential election, now only 35 days away. Every day we are bombarded with articles advising us how to prepare for a potential Biden presidency, protect portfolios in… Read More »Election Night Special
The Great Disconnect continues, thanks to the US Federal Reserve and their global central bank cohorts. Covid-19 has proven to be a tenacious adversary, creating financial and social upheaval across the world. The job market continues to be stuck, with… Read More »Our Bubble World
Summer was supposed to be the season that helped deliver a knock-out blow to covid-19, and pave the way to returning the economy, and people’s lives, to normal. Instead, we are faced with not just a surge in new cases,… Read More »Money For Nothing
The coronavirus is proving to be a tenacious adversary for our health and society. The sense of victory felt due to the flattening of the infection curves around the world and the optimism accompanying the efforts to reopen economies have… Read More »Relapse
The world is now reopening from the coronavirus shutdown and starting to pick up the pieces of abruptly shuttered lives and businesses. The landscape presents a grim view indeed, as the economic toll of the virus is tallied. Mass unemployment,… Read More »Wall Street…or Main Street?
Words are woefully inadequate to describe the coronavirus earthquake which has tilted the earth on its axis. Coronavirus has created a rare demand and supply side shock, and the widespread shutdown efforts globally have created the first recession by government… Read More »Bridge to the Future
William McChesney Martin was one of the longest-serving Chairman of the US Federal Reserve, serving from 1951 to 1970. The Fed got a lot less attention then than it does now, but Martin put his stamp on Fed history by… Read More »Happy Hour
The world’s central banks are running scared. Their attempts to reduce artificial liquidity provision to the financial systems have run into the twin roadblocks of the trade war induced global slowdown, and a freeze-up in the short-term funding markets. Far… Read More »A Demon of Our Own Design
With apologies to Clement Clark Moore, the author of “A Visit from St. Nicholas” we have updated his timeless poem for “modern times”…. – Andre Ratkai, CFA ‘Twas the night before Christmas, and all throughout Wall Street Investors anxiously waited… Read More »The Night Before Christmas (Remix)
The corkscrew path of trade negotiations with China were dealt another twist in late November by the passage of the Hong Kong Human Rights and Democracy Act (HK Act) by the US Congress. The HK Act requires the US government… Read More »Trade War at the Crossroads