GLOBAL DEBT FROM $300 TRILLION TO $2 QUADRILLIONIN NEXT 5-10 YEARS / MATTERNHORN ASSET MANAGEMENT

GLOBAL DEBT FROM $300 TRILLION TO $2 QUADRILLION IN NEXT 5-10 YEARS By Egon von Greyerz The coming 5-10 years are likely to see asset prices...

THE FED CANNOT CONTROL ITS EASY-MONEY MONSTER / THE NEW YORK TIMES OP EDITORIAL

OPINION The Fed Cannot Control Its Easy-Money Monster By William D. Cohan       Nicholas Konrad/The New York Times One of the more important...

THE LOGIC OF EFFECTIVE CLIMATE ACTION / PROJECT SYNDICATE

The Logic of Effective Climate Action The starting point for addressing climate change, economists agree, is a tax on carbon. But while the ...

THE PARTY IS NOT FOREVER / PROJECT SYNDICATE

The Party Is Not Forever As the Communist Party of China prepares to mark its centennial on July 1, the poor longevity record of other dicta...

THE LIQUIDITY GUSHER IS GUSHING A LITTLE BIT SLOWER / THE FINANCIAL TIMES

The liquidity gusher is gushing a little bit slower  Robert Armstrong This line goes pretty much straight up lately:   What you are looking ...

THE FICKLE CHARMS OF PRIVATE GLOBAL FINANCE / PROJECT SYNDICATE

The Fickle Charms of Private Global Finance Despite all the hype, greater access to private international capital has not been much use to m...

PLENTY OF EXPLANATIONS FOR FALLING YIELDS, NONE OF THEM MUCH GOOD / THE FINANCIAL TIMES

Plenty of explanations for falling yields, none of them much good Robert Armstrong I’ve been away for a week or so.  The important news sinc...

TRANSLATING YELLEN-SPEAK INTO GOLDEN-SPEAK / MATTERNHORN ASSET MANAGEMENT

Translating Yellen-Speak into Golden-Speak By Matthew Piepenburg Given the increasingly politicized interplay (cancer) of central bank polic...