by Contributing Author | Mar 5, 2021 | Headline News
This article was originally published by Charles Hugh Smith at Of Two Minds Blog. The mutually reinforcing crises aren’t in the future, they’re here now, and Jay Powell’s shuck-and-jive has lost its magical powers to cloak the rot with speculative...
by Contributing Author | Nov 28, 2020 | Headline News
Markets have priced in the vaccine news, so rates are rising, stocks are fully-priced (with hedge funds and retail investor piled-in) and with no stimulus, we are just not convinced that the markets understand that many states are about to hit the reset-button on...