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Day: December 5, 2022

Reversal Shocks

December 5, 2022December 6, 2022

Notwithstanding a Monday bounce triggered at least in part by a robust ISM services print

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2 Comments on Reversal Shocks

US Services Sector Is Thriving. And Also Deteriorating

December 5, 2022December 6, 2022

Bad news: Good news. The first of this week’s sparse US economic data was inconsistent

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7 Comments on US Services Sector Is Thriving. And Also Deteriorating

The Terrifying Case Of $65 Trillion In ‘Missing US Dollar Debt’

December 5, 2022December 20, 2022

“Off-balance sheet dollar debt may remain out of sight and out of mind, but only

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8 Comments on The Terrifying Case Of $65 Trillion In ‘Missing US Dollar Debt’

Grand Reopening?

December 5, 2022December 6, 2022

“COVID zero” in China is over. Not officially, and maybe not for good. But de

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3 Comments on Grand Reopening?

Monthly Letter+

  • Lost At Sea

    March 11, 2023March 11, 2023

Week’s News

Great American Deposit Debate Spotlights Legislative Gridlock

March 27, 2023March 28, 2023

Failing Banks, Persistent Inflation Promise Fun-Filled Week

March 26, 2023March 27, 2023

We’re Scaring Ourselves Into Bank Runs Now

March 24, 2023March 26, 2023

It’s Not A Wage-Price Spiral. It’s ‘Greedflation’!

March 23, 2023March 24, 2023

Xi, Putin Revel In Pageantry As Show Of Defiance

March 20, 2023March 22, 2023

Most Read

  • Bonds Doubt Their God. 'Stocks Are Next,' Wilson Warns
    Bonds Doubt Their God. 'Stocks Are Next,' Wilson Warns
  • Recession 'Here In A Few Months'
    Recession 'Here In A Few Months'
  • Let's Argue About Student Debt Some More
    Let's Argue About Student Debt Some More
  • Great American Deposit Debate Spotlights Legislative Gridlock
    Great American Deposit Debate Spotlights Legislative Gridlock
  • Interview That Collapsed Credit Suisse Costs Saudi Financier His Job
    Interview That Collapsed Credit Suisse Costs Saudi Financier His Job

Recent Comments

  • derek on Layoffs Won’t Solve This Inflation Problem
  • John Banjo on Recession ‘Here In A Few Months’
  • T-Dog on Layoffs Won’t Solve This Inflation Problem
  • ChgoDave on Unbothered By Bank Runs?
  • Wave Dash on America’s Housing Bubble Flies South For The Spring

Monthly Letters

Lost At Sea

March 11, 2023March 11, 2023

Exiles On Main Street

February 4, 2023March 11, 2023

That’s Great, It Starts With An Earthquake

January 22, 2023February 4, 2023

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