Jerome Powell Blames Inflation on the Unvaxxed
The Fed has learned nothing
It’s a Refining Crisis as Much as an Oil Crisis
Whatever happens on the crude oil front, there is a shortage of domestic refining capacity that isn’t going away
Excessive Bearishness?
Getting ahead of ourselves?
Chart: Orders-Minus-Inventory Points to Recession
Remember when we said ‘pull your recession forecast forward?’
China Housing Bubble Peak?
Again, we are witnessing peak China
Jim Grant: Exiting the Hall of Mirrors
“Yes, it’s painful but it had to happen”
The Bitcoin Bubble in Context
So what is Bitcoin actually?
El-Erian: Fed Will Flip-Flop
“I believe that they are going to flip-flop, which is the worst of all three possibilities”
Is the Era of Negative Rates Ending?
Is it over?