Some things are just irresolvable. Religious conflict and abortion are issues that come quickly to mind, along with whether tax cuts spur growth sufficient to [...]
Year 26. I’ve been posting the CBB for so long I barely remember what a normal Friday evening feels like. I face a dilemma this year. Potentially one of the [...]
“Bubbles are self-reinforcing, but inevitably unsustainable inflations.” “Asset and speculative Bubbles are invariably fueled by underlying Credit [...]
Hanging on by the skin of its teeth? Year ends are invariably interesting – on occasion, intriguing. There’s money at stake, especially this year with huge [...]
Friday from Bloomberg: “US Stocks Rise After ‘Major Overreaction” to Fed.” There was certainly more to Wednesday’s steep market selloff than a [...]
Non-Financial Debt (NFD) expanded at a seasonally adjusted and annualized rate (SAAR) of $3.642 TN, up from Q2’s SAAR $3.471 TN for the strongest expansion [...]
“Stocks Extend Record-Breaking Run After Jobs Data.” “Investors Pour $140bn into US Stock Funds After Trump Election Victory.” “Cash Draws Biggest [...]
November 2024. Future historians will look back in utter amazement. As for equities, strong market gains pushed all major averages further into record highs [...]
Bitcoin traded this week to $99,978, ending the week with 2024 gains of 132%. Since the election, Bitcoin has surged 43%, with Ethereum up 39%, Ripple 215%, [...]
Chair Powell’s post-meeting press conferences always leave me wanting for some probing questions. It’s as if journalists abide by an unwritten rule to [...]
We live in interesting times. A deeply divided nation is today evenly split between jubilation and despair. The earth shakes, as the deep chasm blows wide [...]
Tuesday’s pivotal election muddies the analysis. Clearly, however, the Treasury market is under meaningful pressure. Ten-year Treasury yields jumped 14 bps [...]
