Astrology, Voodoo, Tarot Cards and Economics
From a recent piece by Michael Hudson (h/t Leo Kolivakis), economist and author of ‘Trade, Development and Foreign Debt’: Bad…
0Quantifying the Debt Drag
In Market Commentary, Retail onMost economists and analysts do a poor job of capturing the juxtaposition between normal cyclical recovery expectations and long-term headwinds…
Hussman: We face two possible states of the world.
In Market Commentary, Retail onJohn Hussman manages the eponymous Hussman Funds. Hussman was among the few who both forecast the 2008/2009 credit crisis, and…
Welcome to the Liquidity Surge
In Market Commentary, Retail onI’ve been trying to reconcile the apparent mixed signals in credit markets relative to stock markets in the past 2…
Low Quality Rally
Many Advisors and fund managers have been complaining about how difficult it has been to beat their stock market benchmarks…
Sirens in the Distance
“The American Republic will endure until the day Congress discovers how to bribe the public with the public’s money.” – …
The Fallacy of Cash on the Sidelines
In Market Commentary, Retail onMerrill Lynch posted the results of its most recent Survey of Fund Managers for August this morning. The survey covered…
Forever Blowing Bubbles
Those tortured souls who have thus far clung faithfully to the rules of capitalism, finance and economics they learned in…
The Escherization of Bank Profits
In Market Commentary, Retail onYep, even more bankster chicanery. We knew that many of the banks have been taking advantage of the inscrutable fair…
