HONG KONG RATE SLUMP IS A WARNING LIGHT FOR GLOBAL MARKETS / THE FINANCIAL TIMES OP EDITORIAL

Hong Kong rate slump is a warning light for global markets The desire to hold Asian currencies reflects a growing nervousness about Trump’s ...

PLAN B / CREDIT BUBBLE BULLETIN

Plan B Doug Nolan  It was an interesting week.  The S&P500 traded little change and within a narrow range.  The VIX (equities volatility...

IS THE GLOBAL INVESTMENT BOOM TURNING TO BUST? / THE ECONOMIST

Fun while it lasted Is the global investment boom turning to bust? Why capex spending is now heading in the wrong direction Almost wherever ...

A THREATENING TURN / CREDIT BUBBLE BULLETIN

A Threatening Turn Doug Nolan  Global de-risking/deleveraging has taken A Threatening Turn.  It’s no exaggeration to write that the UK pensi...

INAUGURAL SQUEEZE / CREDIT BUBBLE BULLETIN

Inaugural Squeeze Doug Nolan  It was in ways business as usual.  “Risk off” had attained powerful momentum globally back in July.  De-riskin...

GLOBAL FINANCE: CHINA COURTS GLOBAL CAPITAL, ON ITS OWN TERMS / THE ECONOMIST

Global finance China courts global capital, on its own terms It is looking to reduce its dependency on the West, while increasing the West’s...

THE STUCK CONTAINER SHIP ON THE SUEZ CANAL WAS A METAPHOR / THE NEW YORK TIMES OP EDITORIAL

The Stuck Container Ship on the Suez Canal Was a Metaphor Long-distance supply chains hide costly risks — and those risks may help usher in ...