Melt-up vs. Deleveraging Doug Nolan We have no reason to expect markets to function normally. So many facets of today’s environment are u...
When the Money Supply Dries Up by Jeff Thomas In 1944, the US had been the primary supplier for arms for the allies during World War II and,...
Spending a packet An investment bonanza is coming Firms across the world are spending big. We analyse their capital-expenditure plans AS LOC...
China Is Missing from the Great Inflation Debate Once again, massive fiscal spending in the United States has invited warnings of inflation ...
DISORDER WILL COME – AS CONFUCIUS WARNED By Egon von Greyerz When bubbles burst, we will discover how very few superior men there actually a...
Fiscal Wrecktitude Why Joe Biden isn’t afraid of debt any more Donald Trump and the covid pandemic have changed the politics of spending big...
Keeping the Dance Party Rolling Doug Noland While ebullient markets have briskly moved on, I’m not done with Archegos. The thesis holds th...
