El-Erian to Fed: Time to Start Thinking About Thinking About Tightening
“Start thinking and give a clear guideline to when you will start tapering a little bit…”
Sam Zell Seeing Inflation Everywhere, Buys Gold for the First Time
“‘Why would you want to own gold, it has no income and costs to store.’ And yet when you see the debasement of the currency, you say ‘What am I going to hold on to?'”
Leland Miller: Borrowing from Chinese State Owned Firms Shrinks Most on Record
“We were never expecting it, so to see this pop out in our data was very interesting for the first quarter”
Chart: Commodity Bull Market Just Getting Started?
The end of the longest losing streak since the Great Depression
Map: Every Year of the Achaemenid Empire
Considered by some to be the first true ‘super power.’
Chart: Big Enough Tech?
The real driver behind the Big Tech rally over the past many years
Judy Shelton: Fed Groupthink Obscuring Price Discovery
Judy Shelton for Fed Chair
Peter Boockvar: The Fed Is Just Winging It
The Fed is going for broke on ZIRP and QE-Forever, just like they did last time
El-Erian: The Fed Needs to Tap the Brakes
“I would rather see them tap the brakes now than have a very high risk of them slamming on the breaks down the road.”
Chart: China Credit Impulse Receding
Easy come, easy go.