Paul's Market Insights
Paul's Market Insights is our bi-weekly communique to provide clients with current insights on financial markets.
Written by Paul Siluch
July 18th, 2025
A recent trip to northern Italy got me thinking about sin.
Not sinning – sin. And its current financial parallel.
The grand Milan Cathedral – the Duomo di Milano – is the third largest cathedral in Europe. It took almost 579 years to complete at a cost of approximately US $600 million in today’s dollars (AI estimate). Expensive today, it would have been cosmically expensive for medieval European worshippers,
To finance such grand edifices, the Catholic church became very creative in its fundraising.
Written by Paul Siluch
June 6th, 2025
“General Secretary Gorbachev, if you seek peace, if you seek prosperity for the Soviet Union and Eastern Europe, if you seek liberalization, come here to this gate.
Mr. Gorbachev, open this gate!
Mr. Gorbachev, tear down this wall!”
- President Ronald Reagan, address at the Brandenburg Gate, June 12, 1987 to open the Berlin Wall, which had encircled West Berlin since 1961.
