The Hour Is Getting Late

After 11 years of "the Fed is the market" expansion, the Fed has now reduced its bloated balance sheet by 6.7%. This is normal, right?

  • Dec 30, 2019 7:55 AM

The European Auto Industry Is Racing To Ditch Diesel

German automakers and part suppliers have already announced around 50,000 jobs will be lost this year... this comes at a time of potentially crippling investment demands in the switch to EV production...

  • Dec 30, 2019 5:00 AM

Make Europe Relevant Again

The competition between the US and China for technological supremacy has revealed Europe's fundamental weakness in the twenty-first century...

  • Dec 30, 2019 3:30 AM

Market "Melt-Up" Continues

...extremely low cost of [credit] insurance, especially this far into an economic expansion, reeks of complacency...

  • Dec 29, 2019 10:30 AM