Bond Bears Bewildered – The Case For US Treasuries
Via EvergreenGavekal.com, “The areas of consensus shift unbelievably fast; the bubbles of certainty are constantly exploding.” – REM KOOLHAS, RENOWNED DUTCH ARCHITECT AND HARVARD UNIVERSITY PROFESSOR SUMMARY While conventional wisdom…
Read moreWhy 1980 Matters
The trend is still your friend (for now)… S&P futures bounced perfectly off the short-squeeze ramp trendline today…at 1980 The question is, can it hold for the rest of the…
Read moreWhich Countries Have The Highest Default Risk: A Global CDS Heatmap
Sweden beats USA and Germany as the least likely to default on its bonds but at the other end of the global sovereign risk spectrum lie two socialist utopias –…
Read morePrices Matter – Why Central Bank ‘Fiddling’ Is A Bad Idea
Authored by Michael Shuman, originally posted at BloombergView.com, Call me old fashioned, but I still think prices matter. I vividly recall the first time I studied those simple supply-and-demand graphs…
Read moreAll Eyes On Michigan As Trump, Hillary Edge Closer To Historic Showdown For America’s Future
Frontrunners Donald Trump and Hillary Clinton will both face fresh tests on Tuesday, in their respective quests for their party’s presidential nomination. Trump put on a respectable, if less spectacular…
Read moreThe Inflation Genie is Out of the Bottle
The Fed is rapidly losing control. Core inflation has already broken above 2%. This happened when OIL was imploding. As well as commodities in general. Why does this matter? Because…
Read moreGold Screams (But What’s It Saying?)
As global stock markets have soared in recent weeks, accelerating most recently after the dud of the G-20 meeting, gold has also rallied, strongly suggesting there is anything but confidence…
Read moreTrumpomania & Trumpopanic
Submitted by Pater Tenebrarum via Acting-Man.com, A Serious Contender with a Plan Donald Trump has obviously become a serious contender for the Republican nomination (in spite of the fact that…
Read moreEIA’s Dire Oil Forecast: $34 Crude Due To Far More Resilient Production, Oversupply And Lower Demand
Now that the massive USO-driven squeeze appears to be over (congratulations to whoever managed to sell equity and their secured lenders) the bad news can return. First, it was Goldman…
Read moreNever Go Full-Kuroda: NIRP Plus QE Will Be Contractionary Disaster In Japan, CS Warns
In late January, when Haruhiko Kuroda took Japan into NIRP, he made it official. He was full-everything. Full-Krugman. Full-Keynes. Full-post-crisis-central-banker-retard. In fact, with the BoJ monetizing the entirety of JGB…
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