Guest post by Doug Noland from his blog, Credit Bubble Bulletin: It would have been a nonevent; inconsequential. Confirming New Cycle Dynamics, the Truss government’s “mini budget” has unleashed absolute mayhem. Pension funds blowing up. Emergency central bank rescue operations. …
From this week’s Credit Bubble Bulletin: In week nine of the Russia/Ukraine war, panic buying overwhelmed global commodities markets. The Bloomberg Commodities Index surged 13.0% to the high since 2014 – the “most stunning weekly surge in records that go …
by John Rubino Doug Noland’s weekly Credit Bubble Bulletin is always required reading. The latest – befitting the amazing things that have happened lately – is more necessary than usual. But at 10,000 words it’s also a lot longer than usual. So while everyone …
by John Rubino Nicolas Taleb: “We’ve put novocaine on cancer, so we’re more fragile today than in 2007” … Raoul Pal on “The coming retirement crisis; Americans’ net worth is terrifyingly sad” … Peter Schiff predicts “dollar crisis and $5,000 …
By David Stockman John Mauldin: Italy is not Europe’s only problem Messy Politics Fatal Flaws Parallel Currency Market Fireworks The Mutualization of European Debt Staying Close to Home Train wrecks and their financial analogues are a worldwide phenomenon. Europe, as …
by John Rubino Now that equities are behaving the way they should have since, oh, 2013 – volatile with a pronounced down bias – everyone is wondering how far the crazy will go before the Fed starts buying the S&P …
Interviewed in this video is Doug Noland a hedge fund industry veteran and financial blogger, of the Credit Bubble Bulletin The Fed Paradox: Necessary Rate Hikes = Inevitable Crisis Economic research shows that in a recession, the Fed needs …