The Global Bubble, several decades in the making, is in the process of bursting. A new cycle is emerging, replete with extraordinary uncertainties. Acute [...]
The Shanghai Composite sank 5.1% Monday, fell another 1.4% Tuesday, rallied 2.5% Wednesday, increased 0.6% Thursday, and then rose 2.4% Friday – with the [...]
It was an important week – perhaps critical. There was additional support for my macro thesis. The bottom line: increasingly unstable global markets today [...]
Something snapped. Ten-year Treasury yields jumped another 12 bps this week, with a two-week gain of 44 bps. At 2.83%, 10-year yields ended the week at the [...]
Please join Doug Noland and David McAlvany this coming Thursday, April 14th, at 4:00 pm Eastern/ 2:00 pm Mountain time for the Tactical Short Q1 recap [...]
Historic Q1 2022. Inflation, a Hawkish Fed, Spiking Bond Yields, War, China and Acute Instability. Where to begin? “Inflation Hits a New 40-year High.” [...]
It’s been some time since the Fed commenced a serious tightening cycle. Previous moves to raise rates progressed gingerly, so as not to risk upsetting the [...]
The S&P500 was about unchanged Wednesday at 2:36 pm ET, six minutes into Chair Powell’s press conference opening statement. “We will need to be nimble [...]
March 11 – Reuters (Steve Holland and Susan Heavey): “President Joe Biden… took new steps along with U.S. allies to punish Russia economically over its [...]
On Day Two, it was pretty clear that Day One developments were history-changing. Here at Day Nine, there’s absolutely no doubt. Between Day Two and Day Nine, [...]
February 25 – Associated Press (Yuras Karmanau, Jim Heintz, Vladimir Isachenkov, Dasha Litvinova): “Russian troops stormed toward Ukraine’s capital early [...]
Bubbles are sustained only by ever increasing amounts of Credit. The most pernicious Bubbles are those fueled by “money” – perceived safe and liquid [...]
