IS THE KONDRATIEFF WINTER UPON US? FIAT OBFUSCATION HIDES FALLING REAL GROWTH Many studies have shown that human behavior follows predictable cycles with various time frames. The generational Kondratieff Cycle is a well known one. But like a lot of long term generational cycles they have never occurred during Fiat regime era’s such as that […]
Goldman, BofA Warn Crude Crash Will Have Negative Impact On GDP, Earnings 01-12-15 Goldman Sachs via ZH GDP – The “I” Investment Is An Important Component BofA recalling that Investment is a very distinct component of GDP. With the oil price falling, capital budgets in the energy sector have come under renewed pressure. According to Census Bureau’s Annual Capital […]
When “the retirement of the baby boomers is expected to severely cut U.S. stock values in the near future,” is the ominous initial sentence from no lesser maintainer-of-the-status-quo than the San Francisco Fed’s research department, one begins to recognize the Federal Reserve’s overall need to hyper-inflate asset prices at whatever cost for fear of the ‘wealth’ destruction looming. […]
Ivan Lo, The Equedia Letter For years I have been talking about how the banks have taken control of our civilization. This week, I want us to look at our current events from a much bigger perspective because the answers to most of our questions regarding oil and other things are often found by looking at […]
In the short term Stocks are topping, the Dollar is topping, the Euro is bottoming, Oil is bottoming, Gold, Silver and Mining stocks are bottoming, and Bonds are rising with further to rise. Bonds will soon be higher than they have been in decades. But don’t be fooled. The central bankers cannot afford to have […]
“Macro is back, and 2015 is shaping up to be an epic year for the guys who trade these fundamental shifts. To a man, after several years of little action in the macro world, they are positively licking their lips at the potential opportunities that are headed their way next year.” – Grant Williams 1- […]
T’was the night before Christmas, when all through the house, EM FX was stirring, and in Russia, there was a rout. The stockings were hung by the chimney with care, In hopes that #SantaYellen soon would be there. The children were nestled all snug in their beds, While visions of US Treasury bonds danced in […]
The drop in oil prices has been a shock to the global financial system. We normally don’t think of a fall in prices as creating shocks, but make no mistake about it this is just as serious as a rise of the same magnitude! This has been a historic month in the oil markets and […]
Dollar surge endangers global debt edifice, warns BIS 12-07-14 Ambrose Evans-Pritchard, FT Bank for International Settlements concerned about underlying health of world economy as dollar loans to emerging markets increase rapidly BIS warned that dollar loans to Chinese banks and companies are rising at annual rate of 47pc and now stand at $1.1 trillion Photo: Oliver Yao […]
We have major cracks appearing in the $3 Trillion US Dollar Carry Trade which came into existence in 2008 with the Federal Reserve’s aggressive expansion of its’ balance sheet. A $3T US$ CARRY UNDER ATTACK Since 2008, banks, private equity, hedge funds and major speculators couldn’t borrow the almost free money from the Federal Reserve […]