The Federal Reserve’s Bond Market Distortion
In its most recent statistical release, the Federal Reserve gives us a detailed inventory of their massive balance sheet which has grown to levels that ……Read More
In its most recent statistical release, the Federal Reserve gives us a detailed inventory of their massive balance sheet which has grown to levels that ……Read More
I have posted on this subject before but given the current somewhat volatile behaviour from the stock market, I think that an update is in ……Read More
While we fixate on sexy headlines about Chinese military threats in the South China Sea, for instance, or Washington ‘lifting the ban’ on crude oil ……Read More
Watching yields on sovereign debt these days is like a fantasy world, reality no longer exists. While the debt is real, the yields are totally ……Read More
Nigeria As much as 400,000 barrels of oil a day are stolen in Nigeria. This equates to losses of $1.7 billion a month for Africa’s ……Read More
Several months back, I took a brief look at the velocity of money, a concept that can be rather abstract and one that seems to ……Read More
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