“We don’t have a strategy to win.”
Air power expert, Professor Robert Pape (University of Chicago), says air power campaigns don’t effect regime change.
He warns of the “smart bomb illusion” where precision targeting gives the illusion of escalation control. We are distracted by the success of precision air strikes, but they cause escalation and we don’t see the long war coming.
Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.
Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.
He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.