America’s Biggest Corporate Debtors in One Chart
At some fast approaching point, it will become mathematically impossible to fund continued growth in bond markets without regrowing the monetary base
Primary Dealer Treasury Holdings Have Been Surging to Historic Levels
These are the highest levels since at least 1998
Luke Gromen: There Is Not Enough Dollar Liquidity to Fund Growing Federal Deficits
“It’s not about the economy. It’s about money markets demanding the Fed begin helping the US banking system finance US government deficits”
Why Pension Funds Are Destined to Go Insolvent in One Chart
Less than 5% of the global fixed income market yields more than 5%
Map: The History of Coins & Currency Until 1500 AD
How the predominant currencies of the world’s great civilizations evolved until 1500 AD
Postmodern Central Banking: Several Abstractions too far
At a certain point, the ‘why’ behind a bad idea becomes irrelevant.
Rick Santelli: Americans Will Hate Negative Interest Rates
The inevitability of continued economic weakness and low rates in Europe and Japan, is likely to keep US rates low regardless of what the Fed does
Martin Armstrong: Markets Run on Anticipation Not Fundamentals
“The stock markets are moving up because it’s the only place to put money”
Map: Consumer Debt in Every State
The region with the highest total consumer debt per capita is Washington DC
This Is Now a Speculator’s Market
Bullish or bearish, it seems unlikely that most investors will find long-term success in such an environment