Such terrible suspense
by“This suspense is terrible. I hope it will last.” – Oscar Wilde. Is there any investor out there not suffering from crisis fatigue…
Markets
Building concerns
by“As for the rest of the billions, it’s not clear precisely where that money went. There are some clues. FIFA’s personnel expenses were $397…
On not adding, but taking away
by“Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world.” – Charlie…
Rising yields and rising correlation in major bond markets – end of cycle or correction?
byEuropean bond yields have risen following the lead of US treasuries Yield curves are steepening despite minimal inflation A return to the natural rate…
Major drag, huh ?
by“We’re not gonna make it, are we ? People, I mean.” “It is in your nature to destroy yourselves.” “Yeah. Major drag, huh ?”…
Falling Yield, Rising Asset
byOur monetary system is failing, but explaining that isn’t easy. The most popular argument is that the dollar has falling purchasing power and rising…
Goodbye to all that
by“Funny how bonds were labelled “certificates of confiscation” back in the early 1980’s when yields were 14%. What should we call them now ?”…
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…
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…
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…