Ed Hyman: As Clear of a Global Easing Cycle as You’re Gonna Get
“I think that biases financial assets up, actually all asset prices up”
Rick Santelli: Monetary Policy too Telegraphed
“…Introducing a little uncertainty will go a long way toward reducing bubbles…”
Italy’s mini-BOT Plan: Big Deficits, Soft Default
Italy continues to indulge in the fantasy that even bigger deficits and a worthless new currency will save it
Luke Gromen: Fed Will Cut to Finance Deficit, Not Because of Weak Economy
“I don’t think it’s fully appreciated yet that the reason that markets are pricing the Fed is going to cut rates so aggressively in the back half of this year has nothing to do with the economy”
In Brief: Which Countries Produce the Most Fossil Fuels
The United States is the largest producer of fossil fuels in the world, producing roughly 20% of the world’s fossil fuels
Daniel Lacalle: Slowing Economy More About Capital Misallocation Than Tariffs
“The weakness of both the Chinese and and the Eurozone economies have absolutely nothing to do with trade wars”
Post Financial Crisis Has Seen the Largest Increase in Commercial Indebtedness on Record
Someday the piper will have to be paid
Kyle Bass: Capital Flight Risk from Hong Kong
“If the wealthy in Hong Kong either convert to dollars or start leaving, which… then Hong Kong is finished”
A Timeline of American Companies Giving Up on the Chinese Market
As many American companies have discovered, doing business in China is far from straightforward
Druckenmiller: We All Own a Bunch of Assets That Are Ultimately in Weak Hands
“We are in… one of the most innovative… economically disruptive periods since the late 1800s and you hardly see any bankruptcies”