It was an important week – perhaps critical. There was additional support for my macro thesis. The bottom line: increasingly unstable global [...]
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 [...]
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 [...]
Historic Q1 2022. Inflation, a Hawkish Fed, Spiking Bond Yields, War, China and Acute Instability. Where to begin? “Inflation Hits a New 40-year [...]
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 [...]
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 [...]
March 11 – Reuters (Steve Holland and Susan Heavey): “President Joe Biden… took new steps along with U.S. allies to punish Russia economically [...]
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 [...]
February 25 – Associated Press (Yuras Karmanau, Jim Heintz, Vladimir Isachenkov, Dasha Litvinova): “Russian troops stormed toward Ukraine’s [...]
Bubbles are sustained only by ever increasing amounts of Credit. The most pernicious Bubbles are those fueled by “money” – perceived safe and [...]
Consumer price inflation continued to run hot in January. CPI increased a stronger-than-expected 0.6% during the month, boosting y-o-y inflation to a [...]
The global central bank community has been wrong on inflation. Their analysis lacked objectivity and analytical vigor. Groupthink. Flatfooted. That [...]
