Please join Doug Noland and David McAlvany this coming Thursday, January 25th, at 3:00 pm Eastern/ 1:00 pm Mountain Time (one hour earlier than normal) for the [...]
Monetary disorder played prominently throughout 2023, though most acutely with the fourth quarter upside market dislocation. Speculative leverage went to [...]
As my thoughts turned this week to “Issues 2024,” my mind returned to the great American economist Hyman Minsky (1919-1996). The dynamic evolution of [...]
I’ll be frank. This “Year in Review” piece just lacks the pizzazz of other publications. For example, the New York Times’ “A Look Back at the Top [...]
From an analytical perspective, it’s fascinating how things can turn wild at the end of cycles. While mortgage Credit expanded at double-digit annual rates [...]
History will be the judge. This period will be examined, analyzed, discussed, and debated for at least the next century. My task after a week like this is to [...]
Setting the stage for analysis of the Fed’s new Z.1, Q3 was not your typical quarter. For starters, GDP posted a 5.2% growth rate, more than doubling Q2’s [...]
Let’s get November documented, starting with notable headlines: “Biggest Blowout in Bonds Since the 1980s Sparks Everything Rally.” “S&P 500 Has [...]
Notable developments for two key facets of the global government finance Bubble this week. November 21 – Financial Times (George Steer): “Hedge funds [...]
Good to see U.S./China tensions ease. It’s clearly in both countries’ interest. Especially with war raging in Gaza, President Biden could sure use a [...]
I prefer not to refer to old CBBs. I’m making an exception this week, extracting from the February 6, 2009, edition. In “Government Finance Bubble,” I [...]
An extraordinary week. How extraordinary, you ask? Bloomberg: “Best Run for Bonds Since 2020 as Traders Bet on Fed-Hike Finale.” Ten-year Treasury yields [...]
