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 [...]
