With the Turkish lira down another 6.6% in Monday trading, global “Risk Off” market Instability was turning acute. The U.S. dollar index [...]

The Turkish lira sank 13.7% in chaotic Friday trading. The lira’s 21.0% “worst week in 17 years” collapse pushed y-t-d losses to [...]

The renminbi traded at 6.8935 in early-Friday trading, with intensified selling pushing the Chinese currency to its lowest level (vs. the $) since [...]

I have a rather simple Bubble definition: “A self-reinforcing but inevitably unsustainable inflation.” Most Bubble discussions center on [...]

Strangely perhaps, but late in the week my thoughts returned to James Carville’s 1992 comment: “I used to think that if there was [...]

Please join us Thursday, July 19th, at 4:30 pm Eastern for the McAlvany Wealth Management Tactical Short Q2 Recap (“Cracks in the Global [...]

With attention focused on unfolding trade wars and summer vacations, the release of the Bank of International Settlement (BIS) Annual Report garnered [...]

June 29 – Financial Times (Peter Wells): “The buck is back. Tighter domestic monetary policy and global trade turmoil have set the US [...]

The Nasdaq Composite, Nasdaq 100, small cap Russell 2000, Value Line Arithmetic and the NYSE Arca Biotechnology were among U.S. indices trading to [...]

A big week in the world of monetary management: The Federal Reserve raised rates 25 bps, the ECB announced plans to wind down its historic QE [...]

The first-quarter 2018 Z.1 “flow of funds” report can be viewed in two ways. From one perspective, key conventional data are [...]

As I see it, cracks are opening in the greatest Bubble of all time. Serious fissures have developed in EM, Europe and China. Meanwhile, the [...]