The South (China) Sea Bubble
by[The original can be seen here http://truesinews.com/2015/04/14/the-south-china-sea-bubble/] The first hard data release of the month for China was hardly guaranteed to reassure. Two-way trade in…
Economics
Anti-Deflationist Paranoia
by[Transcript of the closing speech at the Seventh Spanish Conference on Austrian Economics. These remarks were delivered Thursday, June 12, 2014 in Madrid.] Today…
Mario Draghi – Prime Broker to the Universe
by[This article first appeared here http://truesinews.com/2015/04/10/mario-draghi-prime-broker-to-the-universe/] When even the eminent lawyer, Christine Lagarde, interrrupts her incessant calls for more ‘stimulus’ to confess that yes, peut-être, we ought to…
Confusion over US unemployment
byUnemployment is the one statistic that one would have thought is easy to define: just total up the number of people on unemployment benefit…
Technology Indices and Creative Destruction – When Might the Bubble Burst?
byTechnology Indices and Creative Destruction – When Might the Bubble Burst? Publically traded technology stocks trade on modest multiples compared to 2000 Private sector…
Midweek Macro Musings
by[This first appeared here http://truesinews.com/2015/04/08/midweek-macro-musings/] Here we present one of a series of brief runs-though of the salient events of the past week or so….
Benjamin Graham or John Maynard Keynes ?
by“In journalism and blogging, a listicle is a short-form of writing that uses a list as its thematic structure, but is fleshed out with…
The Ghost of ’37
by[Editor’s Note: The original can be found here http://truesinews.com/2015/03/26/the-ghost-of-37/] With the Fed supposedly steeling itself at last to remove a little of its emergency…
Analysts admit outlook ‘uncertain’ after sun disappears
by“March 17 – Bloomberg (Kelly Bit): “Ray Dalio, founder of the world’s largest hedge fund firm, Bridgewater Associates, told investors there’s a risk that…
Central banks paralysed at the zero bound
byThough the Fed would deny it, it is clear from the minutes of the last Federal Open Market Committee (FOMC) meeting that a rise…