Doug Noland: Central Banks Are “Hostages Of Market Bubbles”
Doug Noland’s weekly Credit Bubble Bulletin is always required reading. The latest – befitting the amazing things that have happened lately – is more necessary
Doug Noland’s weekly Credit Bubble Bulletin is always required reading. The latest – befitting the amazing things that have happened lately – is more necessary
People who assumed the Fed, along with the rest of the government, would cave the minute the financial markets got a little choppy turned out
The key insight of the Austrian School of Economics (maybe the key insight of ALL economics) is that the amount you borrow matters, but so
Are you sick of your gold just sitting there when it was supposed to have long since made you rich? Have you been fantasizing about
Money manager Michael Pento has been bearish on both stocks and bonds for some time. 2019 is the year, he says, when the big crash
Despite all the ominous press being devoted to the soon-to-be-inverted yield curve, it’s not always clear why such a thing matters. In other words, how,
A few years ago the Swiss National Bank (SNB) – which traditionally held “monetary assets” like government bonds, cash and gold to back up the
A quick recap of the past couple of months: Stocks plunge. The politicians, bureaucrats and bankers who depend on artificially-elevated financial asset prices start to
Based the last few days’ headlines you’d never know the world is in year 10 of a pretty good expansion. Check this out: Not terrified
First developing countries blew up. Then real estate topped and started to roll over. Now oil has entered what CNBC just called its “longest losing
As contentious as the US midterm elections were, there was never a scenario in which they mattered. Any possible configuration of Republicans and Democrats in
For the past few years, homeowners just about everywhere have been able to finesse life’s problems by thinking “at least my house is going up.”
Towards the end of economic expansions, interest rates usually start to rise as strong loan demand bumps up against central bank tightening. At first the
“How did you go bankrupt?” “Two ways. Gradually, then suddenly.” ― Ernest Hemingway, The Sun Also Rises On the surface, nothing much changed last week.
This morning’s jobs report was stronger than expected, which – combined with Amazon’s dramatic increase in its minimum wage to $15/hr — implies rising wages
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