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 global economy after a week away
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Why the US upswing will endure and how this business cycle ends
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Bear steepening, the Fed reaction function, and a 2019 crunch for marginal debtors
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US economic strength continues as yields begin to climb
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Trump tariffs and doubling down on “Made in China 2025”
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The rise of xenophobia and the case of Mesut Özil
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Handicapping the logic behind predictions for a recession by 2020
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Why I am more worried about Europe than the US
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The US-Chinese trade war and a slowing global economy
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Some thoughts on unanchored inflation expectations, Fed policy and rising 10-year yields
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