Credit Writedowns
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Credit Writedowns
Goodbye to Credit Writedowns
Risks to growth and inflation helping keep long rates down
What’s your model on how real GDP grows durably?
My thoughts on the present re-opening rally hiccup
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This feels like a phase shift
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Some thoughts on the bullish narrative
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The real economy and equity market mania
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Worries about a retail investor-led speculative mania
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Positive sentiment, the oil price rally and re-opening
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Social unrest, economic fundamentals and the liquidity-driven rally
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The three crises facing the United States
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Why higher US savings won’t save the pandemic-hit economy
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The Escalating New Cold War
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