Quantitative Easing

The Scenic Route To Hell

Regardless of who won the American presidential election, market collapses, debt defaults and an eventual currency collapse were baked in the cake. It’s safe to say that, should they occur in the next four years, as would seem likely, they would be blamed on the president, as they would happen on his watch. This being the case, in addition to the fact that conservative thinkers are aging and being replaced by collectivists, it’s very likely that the US is looking at its last Republican president.

Why President Trump Will Fumigate The Fed

Trump’s election has given hard money advocates the most hope in over 30 years that our nation’s failed monetary policy will be reformed. Mixed with the current hawkish wave that is already percolating in the veins of some FOMC members, Trump’s future appointments can have a huge impact on the central bank’s immediate decision-making. One can only hope that the president-elect will stick to his guns and do the right thing.

For Crispen Odey The "Endgame" Arrives After Assets Plunge 60%

Assets under management at Crispin Odey’s flagship European hedge fund have plunged 60% this year after clients demanded their money back as the theta on his bearish bets burns, and as yet one more manager fought the central banks... and lost.

Hugh Hendry Interviewed On His "Eureka Moment" Trade Of The Day, QE, China, The Dollar And Much More

In a recent interview with Macro Voices, Hugh Hendry is asked about the trade he has on in his fund, to which the Scotsman says that his team recently had a “eureka moment” and figured out how to design a trade, which has a negative carry when viewed in simple terms, such that they preserve the asymmetric of risk/reward while converting it to a positive-carry trade by adding another “European sovereign component to the trade”.

Global Stocks Drop On Poor Earnings, Bond "Bloodbath" Ahead Of US Q3 GDP

S&P futures and Asian stocks were little changed while European shares fell as the global bonds sell-off deepened on speculation major central banks are moving closer to reining in stimulus, while stocks retreated after disappointing results from companies including Amazon.com and AB InBev.

America's "Two-Party System" Has Jumped The Shark

The simple fact is the Two-Party System simply cannot cope with the complex, issue-based reality of America and the world in the 21st Century. It’s old programming that worked when the world was over-simplified by the Cold War into Democracy versus Communism, Freedom versus Totalitarianism, and the Self-Appointed Good versus the Evil Empire. Maybe that’s why the duopoly seems so hot for a new Cold War. The only way their binary system works is if there is a common enemy to turn into America’s common denominator.

Six Things To Consider About Inflation

The near-zero interest rates favor short-term production schedules with minimal capital requirements, resulting in low-risk production lines of cheap goods. That’s why we have “pound- shops” and 99p shops and all the other shabby outlets that now litter every suburban high street - creating the illusion of zero inflation.