Investing in a changing world requires maverick thinking. When old worlds break, mavericks forge new paths. This Substack chronicles our HyperNormality with posts and podcast interviews with Maverick entrepreneurs, investors and thinkers.
| Platform |  | Pricing | Only free issues | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 486 | Founded | 3 years ago | Last Issue | 5 days ago |
| Active | |||||
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jeremymckeown.substack.comLatest Issues
Is it Time to Buy Bonds?
Marcus Ashworth told me off air that his wife had just bought a wind-up radio and torch from Amazon. Prepping for the end of the World in Surrey. His way was always to have plenty of shotgun cartridges and a well-stocked wine cellar.
So yo...
Dyed Diesel & A Dying Euro
The Strait of Hormuz is open again, more or less. Kpler’s seven-day average had crude cargoes clearing the strait at 10.3 million barrels a day as of Saturday, 76% of the pre-war baseline. Saudi Arabia exported 7 million barrels a day in Se...
Disorderly Conditions
France presented its 2027 budget yesterday. The yield on its 10-year OATs (Obligations assimilables du Trésor) traded near 5%, the highest since 2002, after its worst quarter since 1987. The gap over German yields pushed above 140 basis poi...
The AI Freight Train’s Growing Debt Bill
The third quarter is over, and the scoreboard reads like two different economies.
The 10-year Treasury yield rose almost 0.9 percentage points over the three months, its biggest quarterly jump since 1994. Global government bonds had their...
Brakes, Not Speed: David Dredge on a Year of Broken Promises
In May last year, David Dredge and I sat down just weeks after Liberation Day, both of us cautiously hopeful that Scott Bessent would be the adult in the room, a genuine upgrade on Janet Yellen, the Trump whisperer who’d talked the market b...
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Authors
The writers behind this newsletter.
Long-time investing and markets professional Jeremy produces Hypernormal Times at the intersection of geopolitics, economics, and markets. The Hypernormal Report is a daily market update; Hypernormal Investing is a weekly podcast.
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