I figured I would surprise readers this week and focus on China. There’s been a lot written and spoken this past week. My challenge is to put Chinese [...]
I figured I would surprise readers this week and focus on China. There’s been a lot written and spoken this past week. My challenge is to put Chinese [...]
There just can’t be a more fascinating endeavor in finance (anywhere?) than analyzing Credit and speculative Bubbles. Such undertakings do not come without [...]
In a tiny subsection of the analytical world, analysis is becoming more pointed and poignant. I appreciate Bill Gross’s August commentary, where he [...]
A Friday Bloomberg headline is a good place to begin this week’s CBB: “Emerging Market Currencies Tumble to Record Low in ‘Violent’ Selloff.” From Ye [...]
I’ve had similar feelings before, though I recall being less apprehensive. The years 1999 and 2007 are etched upon my mind. The bustling of [...]
The Shanghai Composite rallied 10% this week, enjoying the “biggest two-day rebound since 2008.” Friday saw Germany’s DAX surge 2.9%. French, Spanish and [...]
The Shanghai Composite rallied 10% this week, enjoying the “biggest two-day rebound since 2008.” Friday saw Germany’s DAX surge 2.9%. French, Spanish and [...]
So how big of a deal is the Triad of Turmoil unfolding in Greece, China and Puerto Rico? Thus far, general contagion has been minimal. Bullish sentiment [...]
My Mac is on a moving truck somewhere between Pittsburgh and Eugene. Moving cross-country entails some work. But it’s exciting to be returning [...]
My apologies. I had commitments today and was unable to find the time to write. For the Week: The S&P500 declined 0.7% (up 1.6% y-t-d), and the Dow [...]
In its basic form, Credit is someone’s promise to pay “money” at some point in the future. Credit instruments are an “IOU.” Importantly, new [...]
The Peterson Institute for International Economics this week held it’s sixth annual “Fiscal Summit,” a wide-ranging and critical discussion of issues [...]
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 [...]
