Many seasoned and saavy Wall Streeters are perplexed by the apparent conundrum of a strong bond market that seems to be telegraphing deflation and recession and a stock market that seemingly proposes a very different scenario has it levitates with no apparent rhyme nor reason. This public post (open to non-subscribers) outlines my thoughts on […]
Entries Tagged as 'Politics'
August 7th, 2010 · No Comments
April 20th, 2010 · No Comments
Here’s a scary chart. Year-over-year rate of change in the total U.S. national debt. The debt is growing at a 15% annual clip right now, and the big bailouts of late 2008 are already outside of the comparison. Be afraid, be very afraid! click chart to enlarge