Contributing Editors' Blog Entries

Phoenix Capital Research's picture


In simple terms this tells us that inflation is hitting “lift off” in the US at the very same time that we are entering a recession that could be on par with that of 2008. And with corn and soybean prices at or near record highs, we could be on the verge of a stagflationary disaster combined with a food crisis at the very same time.

Burkhardt's picture

Europe’s new mantra has become that of “why just one”? Spain is returning to the table asking for yet another bailout. Of course you will hear the cries of conditions this, targets that… With rampant unemployment and an untenable political position, expect Rajoy to nod his head in acquiescence to the ECB while at the same time ignoring his pledge the very next minute.

AVFMS's picture

So after 2 hell of positive weeks with fairy dust sprinkled by the CBU (Central Banks United), things seem a little out of breath here.

Post-Central Bank intervention depression, so to speak, as the question on everyone’s mind is “What’s next?

Add to that soured geopolitics that stirred spirits in Asia, MENA and to some extend in regional Spain.