Blog Archives

The World Now Has $13 Trillion of Debt With Below-Zero Yields

The investment world has truly gone mad when it prefers to put money into negative yielding bonds rather than just stuff it under the mattress for a guaranteed zero percent return. This is an ominous sign for the global economy. (Bloomberg) — The universe of negative-yielding bonds grew about $1.2 trillion this week after dovish […]

Regime Change For the Fed — Honest Rates

James Grant was one of three recipients of the 2019 Bradley Prize. Roger Kimball and Judge Janice Rogers Brown were likewise honored. At the May 7 award ceremonies at Washington, the famed editor of Grant’s Interest Rate Observer had this to say: * — Read on www.nysun.com/national/regime-change-for-the-fed-and-honest-rates/90694/

Ray Dalio Sees Parallels to 1930s in Today’s Markets

Ray Dalio, founder of Bridgewater, the world’s largest hedge fund, believes current economic conditions are similar enough to those in the 1930’s to warrant significant portfolio reallocations, including holding at least five to ten percent in gold. — Read on finance.yahoo.com/news/ray-dalio-sees-parallels-1930s-170410932.html

Emerging Markets’ Oil Shock is Here

Brent crude recently hit $85 a barrel on its way higher, possibly towards $100, a level some analysts expect by the end of the year. Although it is still a long way from the 2008 record of $147.50, prices in emerging market currencies, which have strongly devalued against the US dollar, are already exceeding the […]

What Happened to America’s Middle-class?

Alissa Quart, author of the new book, Squeezed: Why Our Families Can’t Afford America, suggests that America’s middle class is being wiped out by a cost of living that far outpaces salary increases.   A couple earning nearly $140,000 can’t make ends meet without taking after hours jobs? Tiny starter houses cost $680,000 and up? Highly educated […]