As an analyst of Bubbles, I’ve grown convinced of some things: First, it’s vital to recognize Bubble distortions early before they become deeply ingrained [...]
Bill Gross penned another interesting commentary, “A Sense of an Ending.” The title comes from a Julian Barnes novel, of which Gross pulls the following [...]
May 1 – Reuters (Jamie McGeever): “The calm on global financial markets masks a growing threat to their smooth functioning should shrinking liquidity morph [...]
The lesson should have been learned by 1994. After a period of extraordinarily loose monetary policy, bloody market chaos was unleashed when the Fed bumped up [...]
I found myself this week reflecting back to this past May, shortly after Ben Bernanke began his (reportedly) $250,000 dinner meetings. May 6 – Bloomberg: [...]
I found myself this week reflecting back to this past May, shortly after Ben Bernanke began his (reportedly) $250,000 dinner meetings. May 6 – Bloomberg: [...]
“This past month may be remembered as the moment the United States lost its role as the underwriter of the global economic system. True, there have been any [...]
March 27 – Bloomberg (by Christopher CondonIan Katz): “Federal Reserve officials, fresh from the latest round of tests designed to ensure the safety of the [...]
The S&P500 rallied 45 points (2.2%) intraday on Federal Reserve Wednesday, to end the session with a 1.2% gain. The dollar index traded with an intraday [...]
With the (king) U.S. dollar index trading Friday above 100 for the first time since 2003, the unfolding EM – ongoing “global reflation trade” – [...]
The U.S. unemployment rate has dropped to 5.5%, cut almost in half from the 2009 high. The rate is down 1.2 percentage points from a year ago, back to [...]
There’s a natural ebb and flow to financial markets. It can be clear-cut Greed versus Fear – but often it’s more leaning Risk Embracement or Risk [...]
“In all speculative episodes there is always an element of pride in discovering what is seemingly new and greatly rewarding in the way of financial [...]
If I had my druthers, politics would be kept a safe distance apart from economic analysis. The economics profession, however, is guided by a policymaking [...]
Bloomberg’s Simon Kennedy did a nice job with “A World Overflowing With Debt,” as did the Financial Times’ Ralph Atkins with “Debt Mountains Spark [...]
