Financial

Crunchtime: When Events Outrun Plan B

December 5, 2019 0

Not only will events outrun Plan B, they’ll also outrun Plans C and D. We all know what Plan B is: our pre-planned response to the emergence of risk. Plan B is for risks that can be anticipated, regular […]

Financial

If Not-QE Is QE, then is Not-a-Blowoff-Top a Blowoff Top?

November 18, 2019 0

Can $300 billion, or $600 billion, or even $1 trillion continue to prop up an increasingly risk-riddled, fragile $330 trillion global bubble in overvalued assets? When is “Not-QE” QE? When Federal Reserve Chairperson Jerome Powell […]