‘Something Crazy In The Air’ (Fried Egg)
Last month, Larry Summers fretted that “when you see the two extremes agreeing you can
Last month, Larry Summers fretted that “when you see the two extremes agreeing you can
There’s a “speculative frenzy sweeping Wall Street and world markets,” an overwrought Bloomberg headline trumpets.
You don’t have to be a scholar to understand why it’s absurd to suggest that
Come this time every year, I tend to publish a list of “Investments” that I
For years, critics of central banks’ increasingly belabored efforts to engineer robust growth and “healthy”
“Some worry,” is an industry mainstay when it comes to language the financial media employs
Whatever happens later, the “now” is still under the influence of the same set of
Lost in the shuffle Tuesday was more than $700 billion in additional stimulus out of
“Much like the mythological ‘kraken’ monster after which plaintiffs have named this lawsuit, their claims
In the same way that one “borrows beer” at a party, having the Treasury wash
There was some market chatter on Wednesday around the notion that vaccine approval and distribution
The holiday-shortened week began in predictable fashion, with equities climbing the proverbial “wall of worry”
More encouraging vaccine headlines looked to bolster risk sentiment in the new week as the
Meanwhile, from the world of “zombies” and possibly unsustainable debt burdens… The financial media (and
In a note out late last week, JPMorgan’s Nikolaos Panigirtzoglou suggested that the market’s obsession
Stephanie Kelton needs no introduction. The face of Modern Monetary Theory in a world suddenly
Mohamed El-Erian, “with his decades of investing experience” (to quote Bloomberg), doesn’t think there’s any
“Fresh tails” are piling up, Nomura’s Charlie McElligott said, in a Friday note, as the
On Wednesday, I talked a bit about the extent to which some decisions made during
When it comes to US equities and a prospective Joe Biden administration, the debate has
“Much more”. That’s a rough estimate of what Nancy Pelosi needs to hear from Steve
Global equities were under pressure Thursday, as Jerome Powell’s perceived reticence on tweaks to the
There is perhaps no more vociferous debate in the always exciting world of macroeconomics than
“I’ve been seeing lately that economists are increasingly worried that the idea of [the] Phillips
“Sometimes you have to make them feel the heat if they don’t see the light”,
It’s now widely (if begrudgingly) accepted that many developed nations are engaged in a version
“I don’t know”, Nancy Pelosi said Thursday, asked when she might sit down again with
You must be logged in to post a comment.