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 [...]

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 [...]

It’s difficult to imagine more challenging analysis.  The global nature of the current Credit Bubble creates dynamics and complexities dissimilar to [...]

As always, the CBB is expression of my own views. It is in no way intended as investment advice. My objective is to chronicle history’s greatest Credit [...]