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?
Tax and spend, crony capitalism and the peasant revolt
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Winning the footrace against the variants and approaching the new normal
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The Crypto land grab concept and technological displacement
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A quick word on bond vigilantism and market mania
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Crypto: a sea change in how we gain trust
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The ‘interregnum’ of risks to the upside as yields turn down
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More on inflation, the mutant wave in Canada, the stall in rates and the new normal
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The inflation bogeyman and the Fed reaction function
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Context for my bullish outlook in the US
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Bullish news on the US jobs front
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