Rigged
by“One woman, who declined to give her name but said she is almost 80, invested RMB 20,000 ($3,200) when the market was at 5,000…
Economics
We Will All Go Down Together
bySource: http://truesinews.com/2015/07/09/we-will-all-go-down-together/ When we last wrote, some brave analyst at a Chinese brokerage was making headlines by talking of there being at least another…
Bull in a China shock
by“No warning can save people determined to grow suddenly rich.” – Lord Overstone. History, wrote John W. Campbell Jr., doesn’t always repeat itself. Sometimes…
Timeo Danaos (et Romanos)
byIt is now largely overlooked, but the 19th century had its own precursor to EMU in the shape of the Latin Monetary Union, set…
Which way now – FTSE, Gilts, Sterling and the EU referendum?
byUncertainty is bad for business and the UK will struggle ahead of the referendum Gilt yields have been around 150bps higher than Bunds over…
Zero Hedge: The Greek Bluff In All Its Glory: Presenting The Grexit “Falling Dominoes”
by[Source: http://www.zerohedge.com/news/2015-07-04/greek-bluff-all-its-glory-presenting-grexit-falling-dominoes] Earlier today, Yanis Varoufakis reiterated his core thesis driving the entire Greek approach from day 1 of its negotiations with the Eurogroup: “Europe…
It Is NOT Priced-In, Stupid!
by[This piece, by David Stockman, was originally published here http://davidstockmanscontracorner.com/it-is-not-priced-in-stupid/] Among all the mindless blather served up by the talking heads of bubblevision is the…
The only game worth playing
by“I cannot leave this subject as though its just treatment wholly depended either on our own pledges or economic facts. The policy of reducing…
The US natural unemployment rate and the Fed’s interest rate policy
byIn May the US unemployment rate stood at 5.5% against the rate of 5.3% for the natural unemployment also known as the Non-Accelerating Inflation…
Interest – Inflation = #REF
byI have to admit that I derive some pleasure in taking on hoary old myths. For example, some economists assert that the interest rate…